Skip to content
Fiscal Receipts

Precision Strike Missile (PrSM)

ArmyRDT&EReconciledPE0605231A
What it is
Precision Strike Missile (PrSM) (0605231A) is an Army research & development line funded in the Research, Development, Test and Evaluation, Army account. Its J-book detail breaks the line into 2 projects.
What changed
+$13.1M FY25→26 R-1 TOA · PB2026
Who gets it
No single contractor is published as this line's leader. 1 linked award record is listed below. This line's high-confidence links do not clear the floor for a published concentration index — at least 3 awards across 2 contractor families holding positive obligations, with positive net linked dollars. Why the crosswalk is partial.

Budget figures

FY24 Actuals
$262.8MR-1 TOA · PB2026
FY25 Total
$184.0MR-1 TOA · PB2026
FY26 Request
$197.2MR-1 TOA · PB2026
100.0% reconciliation

$197.2M one-time reconciliation. Discretionary change vs FY2025 enacted: -100.0%.

FY25→26 Change
+$13.1MR-1 TOA · PB2026

Two official figures, one label— reconciled below

Fiscal Receipts uses P-1/R-1 workbook total obligation authority (TOA) as the headline figure sitewide. The workbook TOA includes budget rows that the R-2/P-40 J-book program line excludes — advance procurement in an ordinary year, and in FY2026 the one-time reconciliation appropriation as well. Each row below names the one it is. How the two bases relate →

FY26 Request · $197.2M TOA − $0 J-book line (a zero-dollar XML line) = 197.2M (197.2 − 0.0 = 197.2) — $197.2M of one-time FY2026 reconciliation money accounts for this gap — not advance procurement

Figures in the sentence are rounded for reading; the parenthesised arithmetic is the same subtraction in USD millions, at the precision where it closes.

Data coverage

FY2026 award data is a partial year — USAspending reports awards on a rolling basis, and this corpus runs through 2026-09-04. why partial FY2026 data? →

Budget trajectory

The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends lower than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.
The program's 3 summary figures for FY24 to FY26, plotted in fiscal-year order: this line ends lower than it starts. The points are the summary cards above, not a separate derivation; the table beside the chart carries each figure with its own citation.FY24: $262.8MFY25: $184.0MFY26: $197.2MFY24FY25FY26
Budget trajectory: one row per fiscal year, carrying the summary figure the sparkline plots. Every figure opens its own citation.
Fiscal yearAmount
FY24$262.8M
FY25$184.0M
FY26$197.2M

All series figures: R-1 TOA · PB2026

Decade view

P-1/R-1 workbook TOA basis, shown compact in $B/$M (the workbook records USD thousands); each figure cites its own President's Budget edition

7 fiscal years of this program as published (FY2020–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.
7 fiscal years of this program as published (FY2020–FY2026): a line through the actuals (filled dots), with the enacted (hollow circles) and request (diamonds) markers each edition reported. Read it for direction, not for precision — this program's actuals line rises across the span. The grid below is the same data as text, one cited figure per cell.FY2020 actuals — PB2022 editionFY2021 actuals — PB2023 editionFY2022 actuals — PB2024 editionFY2023 actuals — PB2025 editionFY2024 actuals — PB2026 editionFY2021 enacted — PB2022 editionFY2022 enacted — PB2023 editionFY2023 enacted — PB2024 editionFY2024 enacted — PB2025 editionFY2025 enacted — PB2026 editionFY2022 request — PB2022 editionFY2023 request — PB2023 editionFY2024 request — PB2024 editionFY2025 request — PB2025 editionFY2026 request — PB2026 editionFY20FY21FY22FY23FY24FY25FY26

The vertical scale does not start at zero: the baseline sits just below this program’s smallest year, so a low point on this line is not a small amount. Read the shape for direction and the grid below for the figures.

● actuals (line)  ·  ○ enacted  ·  ◇ request — gaps are editions the program is absent from, never interpolated.

Decade series values by fiscal year and President's Budget edition: one row per series (actuals, enacted, request), one column per fiscal year. Every figure opens its own citation.
SeriesFY20FY21FY22FY23FY24FY25FY26
Actuals$0$0$181.6M$250.0M$262.8M
Enacted–$0$188.5M$259.5M$272.8M$184.0M
Request––$188.5M$259.5M$272.8M$184.0M$197.2M

blank = series not published for this year; – = absent from that edition.

Asked vs spent: the PB2024 book requested $272.8M for FY2024; the PB2026 book reported $262.8M as actual total obligation authority — $9.96M below the request. 262.8 − 272.8 = -10.0 USD millions — the compact figures above are rounded for reading.

Program lineage

No predecessor/successor lineage was recorded for this program element — no FY-to-FY transfer into or out of this line was stated in the ingested J-books, and none was inferred from the program structure.

Description

Mission — Precision Strike Missile (PrSM)

Precision Strike Missile (PrSM) funding line is directly aligned to the Army Long Range Precision Fires (LRPF) modernization priority. PrSM is part of the Army Transformation Initiative. PrSM is the Army's next generation surface-to-surface missile that replaces and improves upon Army Tactical Missile System (ATACMS) capabilities. The PrSM program is a component of an integrated fires development effort that includes survivability, resiliency, and effectiveness improvements against advanced threats from near-peer adversaries. These efforts include integration with an evolving common fires mission command, common development tools and processes, and annual test and evaluation to provide data to support program assessments and progress toward closure of performance gaps. PrSM requirements include: threshold max range of 400 kilometers (km), specified lethality against the designated target set, a launch pod missile container (LPMC) that holds two missiles, survivability in a threat environment, and compatibility with the existing launcher platforms (M270A2 Multiple Launch Rocket System (MLRS) and M142 High Mobility Artillery Rocket System (HIMARS)). PrSM will meet cluster and insensitive munition (IM) requirements and is designed with an open system approach that provides the capability for future growth to counter new and emerging threats. PrSM is an incremental development program. The munitions developed under this funding line are part of the MLRS Family of Munitions (MFOM) that are deployed by the M142 HIMARS and M270 MLRS launchers. The mission of PrSM Increment 1 is to attack/neutralize/suppress/destroy targets using missile delivered indirect precision fires. PrSM will provide joint force commanders with a 24/7, all-weather capability to attack critical and time sensitive area and point targets including threat air defense, missile launchers, command and control centers, assembly/staging areas and high payoff targets at all depths of the multi-domain battlefield. PrSM will counter the enemy's ability to conduct combat maneuver and air defense operations. Project DL2: PrSM Increment 2 integrates multi-mode seeker technology to enable engagement of critical, time sensitive, moving, maritime, relocating, relocatable, and imprecisely located land targets. Project DL4: PrSM Increment 4 adds an extended range capability to engage targets at greater ranges than PrSM Increment 1. FY 2026 funding supports follow-on development of PrSM Increment 1 and Increment 2 technology maturation, integration, and risk reduction efforts leading to system level prototype flights. The FY 2026 request for Precision Strike Missile (PrSM) includes $0 thousand of discretionary and $197,184 thousand of mandatory (reconciliation) for a total of $197,184 thousand. The mandatory funds initiate development of the M-Code guidance set redesign and the proximity sensor redesign; the mandatory funds also integrate multi-mode seeker technology into PrSM Increment 1. Further information for this reconciliation request is provided in Section 20004 (Munitions & Supply Chain) of the Reconciliation Exhibit. The FY 2026 request was reduced by $3.758 million for Advisory and Assistance Services to promote efficiencies and advance the policies of the Administration in alignment with Executive Order 14222, "Implementing the President's Department of Government Efficiency Cost Efficiency Initiative."

Mission — Precision Strike Missile (PrSM)

Precision Strike Missile (PrSM) funding line is directly aligned to the Army Long Range Precision Fires (LRPF) modernization priority. PrSM is part of the Army Transformation Initiative. PrSM is the Army's next generation surface-to-surface missile that replaces and improves upon Army Tactical Missile System (ATACMS) capabilities. The PrSM program is a component of an integrated fires development effort that includes survivability, resiliency, and effectiveness improvements against advanced threats from near-peer adversaries. These efforts include integration with an evolving common fires mission command, common development tools and processes, and annual test and evaluation to provide data to support program assessments and progress toward closure of performance gaps. PrSM requirements include: threshold max range of 400 kilometers (km), specified lethality against the designated target set, a launch pod missile container (LPMC) that holds two missiles, survivability in a threat environment, and compatibility with the existing launcher platforms (M270A2 Multiple Launch Rocket System (MLRS) and M142 High Mobility Artillery Rocket System (HIMARS)). PrSM will meet cluster and insensitive munition (IM) requirements and is designed with an open system approach that provides the capability for future growth to counter new and emerging threats. PrSM is an incremental development program. The munitions developed under this funding line are part of the MLRS Family of Munitions (MFOM) that are deployed by the M142 HIMARS and M270 MLRS launchers. The mission of PrSM Increment 1 is to attack/neutralize/suppress/destroy targets using missile delivered indirect precision fires. PrSM will provide joint force commanders with a 24/7, all-weather capability to attack critical and time sensitive area and point targets including threat air defense, missile launchers, command and control centers, assembly/staging areas and high payoff targets at all depths of the multi-domain battlefield. PrSM will counter the enemy's ability to conduct combat maneuver and air defense operations.

Justification

Accomplishments & Planned Programs (3)

Increment 1: Engineering and Manufacturing Development (EMD)

EMD activities to develop the Army's next generation missile capability that doubles volume of fire, meets range requirements by exceeding 400km, provides required lethality for both point and area targets, ensures survivability, meets cluster munition policy requirements, and provides an open system approach. PrSM provides field artillery units with a deep-strike capability while supporting brigade, division, corps, Army, theater, joint and coalition forces in full, limited, or expeditionary operations.

Increment 2: Integration

Activities to integrate multi-mode seeker technology into PrSM Increment 1 base missile will result in an Increment 2 missile.

SBIR/STTR Transfer

Funding transferred in accordance with Title 15 USC §638.

Budget line items(workbook-cited)

P-1/R-1 workbook Total Obligation Authority basis (USD thousands) · PB2026.

Exhibit R-1

AccountOrgTypeAmount
Research, Development, Test and Evaluation, ArmyAFY24 Actuals$262.8M
Research, Development, Test and Evaluation, ArmyAFY25 Enacted$184.0M
Research, Development, Test and Evaluation, ArmyAFY25 Total$184.0M
Research, Development, Test and Evaluation, ArmyAFY26 Reconciliation$197.2M
Research, Development, Test and Evaluation, ArmyAFY26 Total$197.2M

Budget Details(R-2/P-40 facts)

J-book detail basis (R-2/P-40, USD millions) · PB2026 — a different accounting basis from the P-1/R-1 workbook TOA above; where the two disagree, the reconciliation strip under Budget figures shows both.

Wider than this screen — swipe the table sideways for the remaining fiscal-year columns.

ProjectFY24 ActualsFY25 TotalFY26 Request
Program Element$262.8M$184.0M$0
DL2: PrSM Increment 2——$0
CO3: Precision Strike Missile (PrSM)$262.8M$184.0M—

Follow the dollar

No follow-the-dollar view — this program's awards haven't been crosswalked at high confidence (flows cover 312 of 1,938 programs). why coverage is partial? →

Related awards

Award linkage is shown for 32 of 200 profiled companies — high- and medium-confidence USAspending matches, each row labeled; medium is the weaker evidence. why partial award coverage? →

Rows marked medium rest on evidence weaker than a program-level match, and of more than one kind. An account-based row, where the award drew from the same appropriation account as this program, is an association, not evidence that this program paid for the contract. Where the evidence is instead an FPDS acquisition-program tag or a subaward description, the program is established but which of its budget lines paid is not. An announcement link a recorded review did not leave standing is medium too. Only high rows rest on the contract naming this program with a recorded review upholding it and no recorded rejection or refutation applying.

RecipientPIIDConfidence
LOCKHEED MARTIN CORPORATIONW31P4Q21C0042medium

Contractor concentration

No concentration index is published for this line. This line's high-confidence links do not clear the floor for a published concentration index — at least 3 awards across 2 contractor families holding positive obligations, with positive net linked dollars. An index below that floor is a fact about the sample, not about the market. Whatever further links this line carries are medium-confidence, and what each medium evidence path does and does not establish is set out in the methodology. Both bases are in the downloadable warehouse.

Lobbying mentions

8 mentions from the Senate LDA disclosure database.

BAE SYSTEMS INCPrecision|Missile2026matched 2+ title words

National Defense Authorization Act, 2027 (HR 8800/S 4784); provisions regarding R&D - Navy, US Marine Corps, Air…

BAE SYSTEMS INCPrecision|Missile2026matched 2+ title words

National Defense Authorization Act, 2027 (HR XXXX/S XXXX); provisions regarding R&D - Navy, US Marine Corps, Air…

BAE SYSTEMS INCPrecision|Missile2025matched 2+ title words

National Defense Authorization Act for Fiscal Year 2026 (PL 119-60); provisions regarding R&D - Navy, Air Force, Space…

LOCKHEED MARTIN CORPORATIONPrecision|Missile2025matched 2+ title words

S 2296/HR 3838 - Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act…

BAE SYSTEMS INCPrecision|Missile2024matched 2+ title words

Department of Defense Appropriations Act of 2024 (HR 4365/S 2587; PL 118-47) and Further Consolidated Appropriations…

BAE SYSTEMS INCPrecision|Missile2024matched 2+ title words

Department of Defense Appropriations Act of 2025 (HR 8774/S XXXX); provisions regarding R&D-Army, Navy/USMC, Air…

LOCKHEED MARTIN CORPORATIONPrecision|Missile2024matched 2+ title words

S 2587/HR 4365 - Department of Defense Appropriations Act, 2024, Titles III and IV, including issues related to…

LOCKHEED MARTIN CORPORATIONPrecision|Missile2024matched 2+ title words

S 4921/HR 8774 - Department of Defense Appropriations Act, 2025 including issues related to military aviation…

Oversight

GAO oversight of this program

GAO assessed Precision Strike Missile (PrSM) in its June 2025 Weapon Systems Annual Assessment, as an Army MDAP program.

“The Army's PrSM is a surface-to-surface ballistic missile designed to attack point and area targets at distances ranging from 70 to over 400 kilometers. Each PrSM container will hold two missiles, twice the current missile container's capacity, and will remain compatible with existing rocket launcher systems. The Army is developing PrSM across four increments. The first increment will replace the Army Tactical Missile System and aims to achieve initial operational capability in fiscal year 2026. Subsequent increments will provide seeker capability, extend missile range, and add more lethal payloads. PrSM is designed to comply with statutory requirements for insensitive munitions to reduce vulnerability to accidental stimuli, as well as DOD's policy on cluster munitions to minimize unintended harm from unexploded ordinance. We assessed the first two of the expected increments.”

GAO-25-107569, p. 111 — the assessment page in GAO’s 2025 report

Earlier editions of the same assessment: June 2023

GAO assessed Precision Strike Missile (PrSM) in its June 2023 Weapon Systems Annual Assessment, as an Army MDAP program.

“The Army's PrSM is a ballistic missile designed to attack area and point targets at distances ranging from 70 kilometers to more than 400 kilometers. Each PrSM missile container will hold two missiles, double the current missile container's capacity. The Army designed PrSM as one of a family of munitions for compatibility with existing rocket launcher systems and to comply with statutory requirements for insensitive munitions and DOD policy on cluster munitions.”

GAO-23-106059, p. 115 — the assessment page in GAO’s 2023 report

GAO assessed the program, not this budget line. Precision Strike Missile (PrSM) is one of the lines that funds it, and GAO’s work above says nothing about this line’s own figures. Which line each GAO item attaches to is a hand-ratified crosswalk — how it was checked.

Department-level designation (not specific to this program)

GAO lists 5 high-risk areas for DOD as a whole. That designation covers the department, not Precision Strike Missile (PrSM). GAO's program-level work on this line is above. See the DOD oversight record.

Program dossier

No research dossier for this program — dossiers cover 50 of 1,938 programs, the largest fully J-book-detailed lines by FY2026 requested dollars. why no dossier here? →

Primary sources

Open any budget figure for its exact receipt. Verified line items lead with the highlighted government PDF; original spreadsheets download with their budget edition and exhibit in the filename.

Budget totals · TOA sources

Detailed budget justification

The related TOA spreadsheets above use a different accounting basis from R-2/P-40 detail. Their amounts are not assumed to match these detailed sources.