Air Force Says New ICBM Plan Will Be Done by End of Year

The US Air Force said it intends to complete by the end of the year a restructuring plan for the new Sentinel intercontinental ballistic missile system from Northrop Grumman Corp., after the projected $141 billion program was plagued by skyrocketing costs and fielding delays.

“Leveraging considerable progress over the last 12-18 months, program officials are executing a transformed acquisition strategy paving the way” to complete the restructuring by December, the Air Force said in a statement on Tuesday.