UPDATE: U.S. Precision-Guided Missile Cost Trajectory Following our analysis two days ago on declining precision munition costs, recent defense industry filings reveal the trend is accelerating faster than previous Pentagon projections—with some systems now 18-22% cheaper per unit than 2022 baselines due to increased manufacturing competition and supply chain stabilization. This cost compression has significant strategic implications: it lowers the economic barrier to sustained precision strike operations while simultaneously stretching defense budgets further, a dynamic that may reshape force posture decisions across multiple theater commands. Notably, this contradicts earlier predictions of cost plateaus, suggesting manufacturing scale advantages are outpacing inflation pressures in the defense industrial base.