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DISPATCH 03/26 · 22 Sep 2026
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Army Buys a Ship-Killing PrSM Before Refilling the First One

A new seeker turns existing HIMARS units into land-based anti-ship forces, but the open-quantity $1.2 billion award arrives with baseline PrSM stocks still depleted.

Army Buys a Ship-Killing PrSM Before Refilling the First One
FIG.01 · USA Illustration. Generated key image, not a photo of the event.

A new seeker turns existing HIMARS units into land-based anti-ship forces, but the open-quantity $1.2 billion award arrives with baseline PrSM stocks still depleted.

The Army said Sept. 21 it had awarded Lockheed Martin an indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion for Precision Strike Missile Increment 2. Its fiscal 2026 flight campaign validated the missile against moving maritime and relocatable land targets, the service added.

Frequently Asked Questions

What did the Army award Lockheed Martin?

An indefinite-delivery, indefinite-quantity contract worth up to $1.2 billion to produce Precision Strike Missile Increment 2, covering initial procurement, future orders, follow-on production and continued development, per the Army and Lockheed.

What is new in PrSM Increment 2?

A multimode seeker that lets the missile engage moving maritime and relocatable land targets. Increment 1 strikes fixed coordinates.

Has the missile hit a ship in testing?

Lockheed said an August flight test launched from a HIMARS and engaged a maritime target. A first Increment 2 flight earlier in 2026 covered about 350 kilometers. More flight tests are scheduled for 2027.

How many missiles does the contract buy?

No quantity is fixed. Funding is set with each order, and Lockheed referred quantity and delivery questions to the Army, DefenseScoop reported. Production is expected to finish by Sept. 13, 2031.

Why does the PrSM stockpile matter here?

CSIS estimated in April that the military had used 44% to 77% of its prewar PrSM stockpile, and Reuters reported the US used "virtually all" of it during the Iran war. Lockheed says it is expanding capacity to quadruple PrSM production.

AI-generated summary, reviewed by an editor. More on our AI guidelines.

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Marcus Schuler edits BattlePolicy, a daily defense-technology brief connecting the companies and capabilities behind modern war to the contest among Europe, the US, Russia, and China.

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