Lockheed Martin is scaling up production of its Precision Strike Missile (PrSM) for the US Army, with plans to build 400 units a year to meet rising demand for long-range strike weapons.
The move accelerates the army’s effort to replace the aging MGM-140 Army Tactical Missile System, which first entered service in the 1990s.
The PrSM is the service’s next-generation surface-to-surface precision weapon, capable of striking targets beyond 500 kilometers (310 miles) with improved accuracy and flexibility. Its open architecture allows for modular upgrades, including extended-range variants and seeker-equipped versions for moving targets.
The production ramp follows a contract worth $4.94 billion awarded to Lockheed Martin in March 2025 to accelerate the shift from prototype production to full-scale manufacturing.
The PrSM program officially entered Phase C in July 2025, enabling large-scale production and the start of regular combat-ready deliveries to army units.
Lockheed Martin said it is expanding manufacturing capacity across multiple US facilities and reinforcing its supplier network to support sustained production rates.
Rising Missile Demand Drives Industry-Wide Production Boosts
The ramp-up is part of a broader US and allied effort to boost missile production capacity after years of limited output.
Defense firms across the supply chain are adding new lines, expanding facilities, and securing raw materials to meet mounting operational and export demand.
Raytheon, for example, has expanded its production of AMRAAM missiles in Massachusetts to meet orders from countries including Poland, Japan, and Sweden. These investments aim to close long-standing bottlenecks in propellant and motor casings that have slowed deliveries in recent years.
The Pentagon has also launched programs under its Strategic and Critical Materials initiative to secure domestic sources of missile-grade propellants, microelectronics, and rare-earth magnets, all materials that have been heavily dependent on foreign suppliers.
