Lockheed Martin has completed the first flight test of Precision Strike Missile (PrSM) Increment 2, successfully demonstrating its new multi-mode seeker and the ability to engage moving maritime targets. The missile flew 350km, deployed its protective covers and captured comprehensive performance data that will be used to validate the system.
“With Increment 2, PrSM delivers the long-range capability the Army asked for to defeat moving land and maritime threats,” said Carolyn Orzechowski, vice president, Lockheed Martin Precision Fires Launchers and Missiles. “Our focused investment and accelerated delivery demonstrate our unwavering commitment to the Army customer.”
“Lockheed Martin is investing in advanced development and digital engineering to accelerate the fielding of PrSM Increment 2,” said Gaylia Campbell, vice president and general manager, Lockheed Martin Tactical Missiles. “By leveraging modular design, agile processes and close collaboration with the Army and our supplier network, we’re moving quickly to deliver this enhanced capability to the warfighter faster without compromising performance or reliability.”
In 2025, the Australian Government signed a memorandum of understanding with the U.S. for production, sustainment, and follow-on co-development of the Precision Strike Missile (PrSM), including Increment 2. The agreement accelerates Australia’s long-range, land-based strike capabilities, provides the Australian Defence Force with access to PrSM munitions, and establishes PrSM as a cooperative program between Australia and the United States.
In addition, the new cooperative program is expected to open the door for Australian industry participation in the PrSM supply chain, including for locally manufactured components and sub-components. The Australian Government is contributing $310 million over 10 years to become a full cooperative partner in the PrSM program, with more than $150 million being invested over the next five years to acquire the initial quantities of the capability required for the Australian Army’s Long Range Fires Regiment.
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