If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

UK spends $254 million on long-range Precision Strike Missile programme

Tue, 07th Jul 2026 15:05

LONDON, ⁠July 7 (Reuters) - Britain said on ​Tuesday it would strengthen the Army's long-range capabilities by spending £190 million ($254.22 million) ​on ‌the Precision Strike Missile (PrSM) programme, buying a weapon which can ⁠neutralise targets up to 500 kilometres ⁠away.

The country's outgoing Prime ​Minister Keir Starmer is at the NATO summit in Ankara on Tuesday, where he wants to convince U.S. President Donald ​Trump ‌and other countries in the western military alliance that UK defence spending is heading in the right direction.

The PrSM procurement will strengthen Britain's contribution to NATO deterrence, ​Britain's Ministry of Defence said in a statement, adding that ‌the first deliveries could be received in 2027.

The acquisition was funded by Britain's Defence ‌Investment Plan which has been criticised for not plotting a route to spending 3.5% of GDP on core defence, ​a NATO target set last year after Trump said Europe should spend ‌more on defending themselves.

The next-generation supersonic ballistic missiles are built by Lockheed Martin and the programme is a collaboration between ⁠the U.S. ⁠and Australia. Britain said it ‌could join work to further develop the missile in future.

Britain remains committed ​to other ​weapons projects with European partners such as ‌Deep Precision Strike and European Long Range Strike Approach, the statement said. ($1 = 0.7474 pounds) (Reporting by Muvija M; writing by Sarah Young, Editing by Sam Tabahriti)

Corporate News Engineering & Industrials Aerospace & Defense Government & Politics Lockheed Martin

Shares in this article

Related News

Dutch to announce over €3 billion in defence deals at NATO forum, minister says
22 hours ago

Dutch to announce over €3 billion in defence deals at NATO forum, minister says

ANKARA, July 6 (Reuters) - The ​Netherlands will announce defence deals and plans worth more than €3 billion ($3.43 billion) at a NATO forum ​in ‌Anka...

Germany says TKMS submarine win would bring Canada closer to Europe
1 day ago

Germany says TKMS submarine win would bring Canada closer to Europe

BERLIN, July ⁠6 (Reuters) - A decision by Canada ​to select German submarines over South Korean competitors in an ongoing contract battle would be ​a ...

Airbus informally aims for 900 deliveries after strong June, sources say
1 day ago

Airbus informally aims for 900 deliveries after strong June, sources say

PARIS, July 6 (Reuters) - ​Airbus has set an internal goal of exceeding 900 deliveries ​for ‌the first time this year after handing over 89 ⁠jets in J...