The Pentagon canceled a Boeing Co. contract for a “kill vehicle” envisioned to shoot down missiles from North Korea or Iran, the latest setback to a next-generation system that has struggled to prove its effectiveness.
The termination of the Redesigned Kill Vehicle comes as the maker of the interceptor’s warhead, Raytheon Co., continued to struggle with design and manufacturing problems that increased costs, the Missile Defense Agency said in a statement Wednesday. Boeing had received a $1 billion contract in May 2017 for the project.
