Five months into the Iran war, the U.S. Army's land-based long-range strike capability is effectively spent, and the restock bill will take years to pay. Key takeawaysTwo sources familiar with internal U.S. military data told Reuters the Army has used "virtually all" of its Army Tactical Missile Systems (ATACMS) and Precision Strike Missiles (PrSM) during Operation Epic Fury. Each ATACMS costs over $1 million per unit, production lead times for replacements run two or more years, and the U.S. is caught mid-transition as ATACMS phases out and PrSM production is still ramping. Lockheed Martin and the Department of War announced a framework agreement on March 25, 2026 to quadruple PrSM production capacity, per a Lockheed Martin investor relations release. Pentagon spokesman Sean Parnell called the reporting "equally fictional," denying Hegseth misled anyone or blamed Feinberg.