Comparison of the FY2020 and FY2021 Precision-Guided Munitions Procurement Requests [March 25, 2020] [open pdf - 826KB]
From the Document: "Precision-guided munitions (PGMs) have become an important capability for the Department of Defense (DOD). Recent operations, including counter-insurgency and counterterrorism missions, have demonstrated a high demand for all types of PGMs, which DOD defines as a 'guided weapon intended to destroy a point target and minimize collateral damage.' Some analysts argue a high-intensity conflict would require large stockpiles of such weapons, in addition to the demand from operations in the Middle East. Then-Secretary of Defense James Mattis stated that PGMs are required to help rebuild readiness."
CRS Insight, IN11276
Congressional Research Service: https://crsreports.congress.gov/