For over two decades, the U.S. military has enjoyed a near-monopoly in precision-guided munitions and their associated battle networks. Recently, however, the proliferation of these capabilities to other militaries and non-state entities is gathering momentum. How will this emerging precision-strike regime impact the character of maritime warfare? In this backgrounder, Dr. Andrew Krepinevich summarizes and presents findings regarding the likely character of future maritime warfare and options for preserving U.S. freedom of maneuver in the maritime domain.