Precision Strike Missile

The Precision Strike Missile (PrSM) is a Major Defense Acquisition Program (MDAP) operating under the Major Capability Acquisition pathway with an Acquisition Category of IB. The program focuses on the development, production, and maintenance of precision strike missile systems for the Department of Defense. This weapons program represents a significant investment in modernizing military missile capabilities and enhancing long-range precision strike capacity.

The program's contract portfolio includes substantial awards for Engineering and Manufacturing Development (EMD) and Early Operational Capacity (EOC) production lots, with individual contract values ranging from $5,930 to $731.8 million and performance periods extending through 2027. Lockheed Martin Corporation serves as the primary contractor for the largest awards, securing both a $731.8 million EMD contract and a $454.2 million EOC Lot 3 production contract. Key subcontractors include Advanced Thermal Batteries, Marotta Controls, and Northrop Grumman Systems. The U.S. Army serves as the primary contracting entity through its W31P4Q contracting office, with additional support from the Defense Contract Management Agency. No set-aside designations were utilized in any of the reviewed contract awards. All contracts employ Firm Fixed Price pricing arrangements, structured as either Definitive Contracts or Delivery Orders.