Boeing Beats Lockheed to Keep $3.5 Billion Missile Shield
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Boeing Co. beat Lockheed Martin Corp. to win a $3.48 billion, seven-year contract that lets it keep its role as the primary developer of the U.S. shield against intercontinental ballistic missiles.
The Missile Defense Agency announced the contract in a statement today. The agency oversees the Ground-based Midcourse Missile Defense, which includes interceptors in Alaska and California, ground- and sea-based radar, satellites and a command and control system.