Precision Strike Missile
Major Defense Acquisition Program (MDAP)
Program facts
- Program number
- 494
- Short name
- PrSM
- Acquisition pathway
- Major Capability Acquisition (MCA)
- Acquisition category
- ACAT IB
- Acquisition status
- Active
- Lead component
-
Department of the Army
Department of Defense
- Contract awards
- 7
- Contract obligations
- $6,350,278,150 Since fiscal year 2021
Program details come from the Department of Defense's acquisition program list. Contract figures come from SAM.gov (formerly FPDS).
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2026 | $1,989,370,590 |
| FY2025 | $1,789,547,479 |
| FY2024 | $1,329,825,303 |
| FY2023 | $646,903,568 |
| FY2022 | $372,259,280 |
| FY2021 | $222,371,930 |
Top contractors by obligations
| Rank | Contractor | Obligated | Share |
|---|---|---|---|
| 1 | Lockheed Martin Corporation | $6,350,272,220 | |
| 2 | Raytheon Company | $5,930 |
Contract awards
| Award | Awarded | Obligated |
|---|---|---|
| M-code guidance set - precision strike missile (PRSM) | $29,416,042 | |
| Precision strike missile (PRSM) 600 rate tooling | $368,000,004 | |
| Precision strike missile (PRSM) for fiscal year 2026, full rate production lot 1 | $538,917,526 | |
| Precision strike missile (PRSM) for fiscal years (FY) 2025-2029 indefinite delivery/ indefinite quantity (IDIQ)… | $1,580,321,489 | |
| Precision strike missile (PRSM) early operational capacity (EOC) lot 3 | $1,159,923,640 | |
| Repair harm missile | $5,930 | |
| Precision strike missile (PRSM) engineering and manufacturing development (EMD) | $671,325,639 |
About this program
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.
Quick answers
What is PrSM?
Precision Strike Missile (PrSM) is a Major Defense Acquisition Program (MDAP) led by the Department of the Army. It follows the Major Capability Acquisition (MCA) pathway and is ACAT IB. Its acquisition status is active.
How much has PrSM obligated on contracts?
7 contract awards are coded to PrSM, and their actions have obligated $6,350,278,150 since fiscal year 2021.
Who are the top contractors on PrSM?
The contractors obligated the most on PrSM contracts are Lockheed Martin Corporation ($6,350,272,220) and Raytheon Company ($5,930).
How much did PrSM obligate in fiscal year 2025?
Contracts coded to PrSM obligated $1,789,547,479 in fiscal year 2025.
What is the latest contract award for PrSM?
The latest contract award coded to PrSM is W31P4Q26F0115, awarded to Lockheed Martin Corporation on June 8, 2026.
On GovTribe
See this program's full record
- Every contract award coded to this program
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