Breeding for improved, reliable cultivars despite growing environmental irregularity can be challenging. Unoccupied aircraft systems (UAS) are a popular high‐throughput phenotyping technology that has been shown to help interpret the mechanisms associated with crop productivity and environmental response, creating potential for improved breeding strategies. Spectral reflectance indices (SRIs), encompassing both vegetation and water indices like normalized difference vegetation index (NDVI), normalized difference red‐edge index, and normalized water index, were employed to assess 4094 winter wheat genotypes across 11,593 breeding plots at Washington State University from 2019 through 2022. SRIs were then used with genomic data in univariate models as covariates and multivariate models as secondary response variables for predictions of grain yield. The prediction accuracy of models was evaluated using a leave‐one‐year‐out validation strategy against a base genomic prediction method. Including SRI data as fixed effects in univariate genomic prediction models can improve prediction accuracy over the control but is unreliable across years. When used in multivariate models, SRIs improve prediction performance across years but require high‐performance computational resources that could limit feasibility. In univariate models, when test year NDVI data were available and used to calculate breeding values, prediction performance was at least 16% better than the control, ranging in prediction accuracy from 0.54 in 2019 to 0.93 in 2020. This study highlights the limited reliability of SRI use in genomic prediction of untested environments and locations. However, a significant application for the technology can be found in early‐season UAS data collection to aid accurate predictions in late season, a helpful tool in tight turnaround times commonly experienced in winter crop breeding programs.