
The Army has officially transitioned its Precision Strike Missile (PrSM) Inc. 1 program from the development to production and deployment phase, the service said on July 5. The Milestone C decision for the PrSM Inc. 1 was approved on July 2 and follows several successful evaluations, including a recent production qualification test, and a nearly $5 billion contract award to manufacturer Lockheed Martin [LMT] in late March. "This Milestone C decision is a testament to the hard work and dedication…