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Published 17 days ago

Lockheed wins US missile defense contract worth $17 bln

  • Lockheed Martin awarded a $17 billion contract to develop next-generation interceptors for US defense against intercontinental ballistic missile attacks.
  • The contract will be awarded by the U.S. Missile Defense Agency to modernize the Ground-Based Midcourse Defense program.
  • The new interceptor is expected to be operational by 2028 and is part of a $17.7 billion program to defend against current and future ballistic missile threats.
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