Printed from https://fiscalreceipts.com/program/8540C29600/ — built September 26, 2026. Every figure is citation-backed; see the page online for per-number provenance.
PRECISION STRIKE MISSILE (PRSM)
Watch this program
Budget figures
$160.8M discretionary + $202.8M one-time reconciliation. Discretionary change vs FY2025 enacted: -64.8%.
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 · $363.7M TOA − $160.8M J-book line = 202.8M (363.662 − 160.846 = 202.816) — $202.8M 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.
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
| Fiscal year | Amount |
|---|---|
| FY24 | $1.05B |
| FY25 | $457.5M |
| FY26 | $363.7M |
All series figures: P-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
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.
| Series | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Actuals | $166.1M | $162.9M | $1.05B | ||
| Enacted | – | $162.9M | $384.1M | $457.5M | |
| Request | – | – | $384.1M | $492.6M | $363.7M |
blank = series not published for this year; – = absent from that edition.
Asked vs spent: the PB2024 book requested $384.1M for FY2024; the PB2026 book reported $1.05B as actual total obligation authority — $664.4M above the request. 1,048.5 − 384.1 = 664.4 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
Description — PRECISION STRIKE MISSILE (PRSM)
NOTE: FY 2024 includes $334.759 million base funding and $713.732 million emergency supplemental funding for a total of $1,048.491 million to support the procurement of missiles. The Precision Strike Missile (PrSM) Increment 1 P-40 quantities are suppressed. FY 2024 P-40 quantities are suppressed to avoid the disclosure of sensitive information. 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. PrSM requirements include: a threshold max range of 400km, 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 being designed with an open system approach that provides the capability for future growth to counter new and emerging threats. The mission of PrSM Increment 1 is to attack, neutralize, suppress, and 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 and 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. The mission of PrSM Increment 2 integrates a seeker to attack critical time sensitive moving maritime or relocatable land targets. PrSM Increment 2 procurement begins in FY 2026 and is accounted for in the total quantities above.
Justification
Justification — PRECISION STRIKE MISSILE (PRSM)
FY 2026 Base procurement dollars in the amount of $160.846 million supports the production of 45 PrSM missiles with launch pod missile containers (LPMCs). The 45 PrSM missiles includes 35 Increment 1 missiles and 10 Increment 2 missiles. The FY 2026 request for PrSM Increment 1 includes $65,582 thousand of discretionary and $202,816 thousand of mandatory (reconciliation) for a total of $268,398 thousand. The mandatory funds procure an additional 107 PrSM Increment 1 missiles. Further information for this reconciliation request is provided in Section 20004 (Munitions & Supply Chain) of the Reconciliation Exhibit. Funding decrease from FY 2025 to FY 2026 results in a reduction of procurement quantities from 250 to 152. The current Army acquisition objective (AAO) is 3,986 missiles for PrSM Increment 1 and 1,589 missiles for PrSM Increment 2. FY 2024 quantities are suppressed to avoid the disclosure of sensitive information. PrSM will close the capability gap between the Army Tactical Missile System (ATACMS) and near-peer missile capabilities. On 3 February 2021 Army Futures Command, Commanding General signed a directed requirement for initial quantities of PrSM EOC, and on 4 June 2021, the Joint Requirements Oversight Council (JROC) validated the PrSM capability development document (CDD). In accordance with Section 1815 of the FY 2008 National Defense Authorization Act (P.L. 110-181), this item is necessary for use by the active and reserve components of the Armed Forces for homeland defense missions, domestic emergency responses, and providing military support to civil authorities. PrSM funding line is directly aligned to the Army Long Range Precision Fires (LRPF) modernization priority. PrSM is part of the Army Transformation Initiative. The Army intends to convert any price advantage created through contract negotiations, other service procurement, and international cooperative partnerships to procure additional PrSM missiles.
Budget line items(workbook-cited)
P-1/R-1 workbook Total Obligation Authority basis (USD thousands) · PB2026.
Exhibit P-1
| Account | Org | Type | Amount |
|---|---|---|---|
| Missile Procurement, Army | A | FY24 Actuals | $1.05B |
| Missile Procurement, Army | A | FY25 Enacted | $457.5M |
| Missile Procurement, Army | A | FY26 Disc. Request | $160.8M |
| Missile Procurement, Army | A | FY26 Reconciliation | $202.8M |
| Missile Procurement, Army | A | FY26 Total | $363.7M |
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.
| Project | All Prior Years | FY24 Actuals | FY25 Total | FY26 Base | FY26 Request |
|---|---|---|---|---|---|
| Program Element | $388.9M | $1.05B | $457.5M | $160.8M | $160.8M |
Follow the dollar
Appropriation → program element → top high-confidence awards → recipient families → congressional districts.
Follow-the-dollar covers 312 of 1,938 programs — only high-confidence budget→award links are shown. why coverage is partial? →
The diagram illustrates the cited table below — amounts shown in the diagram are transaction sums per award (no citation chips); the per-district obligations in the table cite USAspending queries.
| District | Program obligations |
|---|---|
| TX-33 | $579.5M |
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.
| Recipient | PIID | Confidence |
|---|---|---|
| LOCKHEED MARTIN CORPORATION | W31P4Q23C0052 | high |
| LOCKHEED MARTIN CORPORATION | W31P4Q21C0042 | medium |
| LOCKHEED MARTIN CORPORATION | W31P4Q25F0082 | medium |
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.
National Defense Authorization Act, 2027 (HR 8800/S 4784); provisions regarding R&D - Navy, US Marine Corps, Air…
National Defense Authorization Act, 2027 (HR XXXX/S XXXX); provisions regarding R&D - Navy, US Marine Corps, Air…
National Defense Authorization Act for Fiscal Year 2026 (PL 119-60); provisions regarding R&D - Navy, Air Force, Space…
S 2296/HR 3838 - Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act…
Department of Defense Appropriations Act of 2024 (HR 4365/S 2587; PL 118-47) and Further Consolidated Appropriations…
Department of Defense Appropriations Act of 2025 (HR 8774/S XXXX); provisions regarding R&D-Army, Navy/USMC, Air…
S 2587/HR 4365 - Department of Defense Appropriations Act, 2024, Titles III and IV, including issues related to…
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
FY2026 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O57
Complete workbook · unchanged saved copy. Saves as PB2026_DoD_P-1_Procurement.xlsx.
FY2024 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O59
Complete workbook · unchanged saved copy. Saves as PB2024_DoD_P-1_Procurement.xlsx.
FY2025 Department of Defense Budget: Procurement Programs (P-1) · comptroller.war.gov
Exhibit P-1 · O54
Complete workbook · unchanged saved copy. Saves as PB2025_DoD_P-1_Procurement.xlsx.
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.
Missile Procurement Army · www.asafm.army.mil
PDF page 60