# Army Selects Lockheed for PrSM Prototypes

The U.S. Army has selected Lockheed Martin to develop and demonstrate Precision Strike Missile (PrSM) Increment 4 prototypes. The missile is designed for launch from HIMARS and to engage relocatable land targets and moving maritime targets at ranges of at least 1,000 kilometers. Competitive prototype flyoffs are planned for fiscal years 2027 and 2028; the Increment 4 effort’s value and contract number have not been disclosed. Lockheed’s existing PrSM production work and industrial investments, alongside L3Harris Technologies’ propulsion role, point to supply-chain opportunities as the program advances.

- Companies supporting missile propulsion, production, and related industrial capabilities may find opportunities in the Increment 4 supply chain; L3Harris is identified as the propulsion system provider for Lockheed’s design.
- The prototype effort is distinct from the reported **$8.4 billion** Increment 1 production expansion and procurement extension through fiscal 2032, and the **$1.21 billion** Increment 2 Early Operational Capability effort.
- Procurement and industry teams can use the FY2027–FY2028 flyoff schedule to plan for prototype testing and potential follow-on agreements; no Increment 4 award value or contract number is stated.

**Jurisdictions:** federal
**Industries:** Defense & Military
**Published:** October 27, 2026

### Government Entities
- U.S. Army (Army)
- Department of War (DoW)

### Vendors
- Lockheed Martin (Downselected prototype developer)
- L3Harris Technologies (Propulsion system provider for Lockheed’s Increment 4 design)

### Key Quotes
> Warfighters need precision strike capabilities that can reach farther and give them more options when the mission demands it. We’re proud to step up to this challenge and bring the right capability forward.
> — Randy Crites, Vice President of Advanced Programs at Lockheed Martin

### Sources
- [Army Picks Lockheed to Develop PrSM Increment 4 Prototypes](https://www.executivebiz.com/articles/lockheed-army-prsm-increment-4-downselect-prototypes) - ExecutiveBiz