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TeachMeFinance.com - explain precision-guided munition precision-guided munition 'precision-guided munition' is an military term. It means '(DOD) A weapon that uses a seeker to detect electromagnetic energy reflected from a target or reference point and, through processing, provides guidance commands to a control system that guides the weapon to the target. Also called PGM. See also munitions'. Previous 5 Terms: precession _ precipitation static- precise time - precise time and time interval precision bombing Next 5 Terms: precursor _ precursor chemical- precursor front - precursor sweeping predicted fire Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.