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In order to replace the ATACMS, the US Army is currently developing the Precision Strike Missile (PrSM). The PrSM will use enhanced propulsion to fly more quickly and farther (initially out to 310 miles (500 km))[2] while also becoming thinner and sleeker.
The loadout will increase to two per pod, double the number carried by M270 MLRS and M142 HIMARS launchers. A possible acquisition of PrSM has been alluded to by the UK as part of an upgrade of the M270 MLRS used by the British Army.
The Global Precision Strike Missile market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
After having trouble reaching a first flight test in the Precision Strike Missile competition sponsored by the U.S. Army, Raytheon Technologies withdrew. However, after reaching a settlement with the service, the business has partnered up with Northrop Grumman in order to pursue the opportunity to create a future iteration of the munition.
As early rivals working on the PrSM to replace the Army’s Tactical Missile System, Lockheed Martin and Raytheon were involved.
The Army’s portfolio of long-range precision firing, which is a component of the new wave of modernization priorities specified by the service, includes PrSM as one of its main technology development programmes.
By working together with Northrop Grumman, the team will develop its ground-breaking design, which includes cutting-edge propulsion technology as a major enabler for extending range as well as augmentation for survivability and lethality.
The two businesses are responsible for designing, constructing, and testing the propulsion component for DeepStrike-ER, which they refer to as a “advanced missile solution that will demonstrate the capability to achieve the Army’s desired range and effectiveness against next-generation threats.
” In a competitive technological maturation and risk reduction phase led by the Army, Raytheon was working on a PrSM missile, but the project ran into difficulties getting the weapon ready for flight tests. The service intends to deploy PrSM in capability tiers, with the second tier concentrating on enhancing seeker to add a ship-killing capability.
