Boeing wins $3.48 billion U.S. missile contract

Reuters
December 31, 2011

Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday.

The U.S. Defense Department said it was awarding Boeing a $3.48 billion, seven-year contract to develop, test, engineer and manufacture missile defense systems. …

The shield has been shaped initially to guard against ballistic missiles that could be fired by Iran and North Korea. It is the only U.S. defense against long-range missiles that could be tipped with chemical, biological or nuclear warheads.

Read in full: www.reuters.com/article/2011/12/31/us-boeing-missiledefense-idUSTRE7BT19T20111231