The U.S. Military has awarded Lockheed Martin a $158 million contract to provide further Early Operational Functionality (EOC) Precision Strike Missiles (PrSM). That is the second manufacturing contract acquired to this point and follows a profitable Manufacturing Readiness Evaluation milestone go to with the Military – a crucial step within the growth program advancing PrSM nearer to fielding. The PrSM will use superior propulsion to fly sooner and farther (initially out to 310 miles (500 km)) whereas additionally being thinner and sleeker, growing loadout to 2 per pod, doubling the quantity carried by M270 MLRS and M142 HIMARS launchers.

The U.S. Military awarded the primary EOC manufacturing and Engineering and Manufacturing Improvement (EMD) contracts in September 2021. Lockheed Martin is at present constructing PrSMs to satisfy the Military’s preliminary manufacturing contract and extra rounds that shall be utilized in upcoming system qualification exams. EMD will end in a completely certified system and is the final part of the event program earlier than a full-rate manufacturing determination shall be made in 2025. The following set of flight exams will start in 2023. These exams observe a record-setting flight surpassing 499 km final 12 months at Vandenberg Area Pressure Base in California.

Commercial

The PrSM is the U.S. Military’s next-generation tactical missile supporting the primary modernization precedence for Lengthy-Vary Precision Fires (LRPF). For greater than 40 years, Lockheed Martin Missiles and Hearth Management has been the main designer and producer of long-range, surface-to-surface precision strike options, offering extremely dependable, combat-proven techniques such because the M270 A number of Launch Rocket System (M270 MLRS), M142 Excessive Mobility Artillery Rocket System (HIMARS), Military Tactical Missile System (ATACMS) and Guided MLRS (GMLRS) to home and worldwide prospects.

The Precision Strike Missile (PrSM) is a tactical ballistic missile being developed by the USA Military to switch the MGM-140 Military Tactical Missile System (ATACMS). In July 2021, the US introduced that Australia had change into a accomplice within the PrSM Program with the Australian Military signing a memorandum of understanding for Increment 2 of this system with the US Military’s Protection Exports and Cooperation and had contributed US$54 million.[9][10] The UK additionally introduced its intentions to subject PrSM from 2024 as a part of an improve to the British Military’s M270 MLRS.