The Office of the Secretary of Defense estimates the Army's Long Range Precision Fires program will carry a price tag of more than $1 million a round, a forecast that implies the government is contemplating investing more than $4 billion to develop and acquire a new deep-attack guided missile capability that Raytheon and Lockheed Martin are competing to supply. An independent cost estimate prepared by the office of cost assessment and program evaluation to support a decision by senior Pentagon...
