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Lockheed boosts bet on Skunk Works’ Vectis stealth drone, a collaborative combat aircraft
Lockheed Martin is increasing production of the Precision Strike Missile due to high demand. The company plans to use automation and relocate ATACMS manufacturing to Germany to free up capacity at its Camden, Arkansas plant.
The U.S. Army is accelerating the development of Precision Strike Missile Increment 2 to field an early capability against moving maritime targets. This effort is part of a streamlined rapid-fielding acquisition pathway, aiming to quickly enhance the Army's capabilities. The focus on moving maritime targets indicates a strategic priority on naval and coastal defense.
The Precision Strike Missile (PrSM) program is an example of the acquisition enterprise's shift towards rapid development and proactive risk management. The program achieves speed and relevance by accepting and managing risk, rather than avoiding it. This approach is redefining how programs are developed and decisions are made.
Britain will invest £780 million in the Precision Strike Missile programme and long-range rocket artillery to increase the Army's strike reach. The investment aims to rebuild the Army for NATO warfighting. The programme will focus on extended-range firepower.
The PrSM missile, touted as the ballistic missile of the future, has left a wide path of death and destruction in an Iranian city. The manufacturer has highlighted its capabilities, showcasing its potential as a future weapon. This incident demonstrates the missile's destructive power.
Rheinmetall plans to build a production line for ATACMS and start manufacturing by late 2027, freeing up Lockheed Martin's capacity for a new PrSM line. The company expects to begin production next year. This move will increase ATACMS production capacity.
The US military has reportedly used nearly all of its ATACMS and Precision Strike Missile inventory in operations against Iran. This depletion has occurred over five months of strikes. The US is facing a significant shortage of long-range missiles and air defense interceptors.