The Army has staked out an $8 billion place in its modernization portfolio to buy nearly 4,000 rounds of the Precision Strike Missile, according to a report that details for the first time in a public document the program's full cost and scope. In a first-ever Selected Acquisition Report for PrSM , the Army reported to Congress last month the total estimated development cost for the new Lockheed Martin-built missile to be slightly more than $1 billion; planned procurement will...
