When diplomacy fails, precision guided munitions (PGMs) will continue to be the weaponry of choice. Continuing improvements across the broad spectrum of munitions technology, including sensors, guidance, energetics, composites and fuzing have produced an impressive array of air, sea and ground launched weapons. Precision guided munitions will make the Joint Vision 2010 objective of full spectrum dominance a reality. PGM technology, however, is still developing. To leverage that technology, industry and government must continue to pursue new and fundamentally different ways of producing such weapons. Acquisition and other regulatory reforms, enhanced research and development efforts, and a fundamental shift in how we think about munitions production and management are all essential to an effective munitions industrial base in the 21st century.
Industry Studies 2000