Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Kiran Tom Sajan

Lockheed Martin Wins $17 Billion Contract For Next-Generation Missile Interceptors

The U.S. Missile Defense Agency announced on Monday that Lockheed Martin has secured a $17 billion contract to spearhead the development of the next-generation interceptors (NGI) designed to safeguard against potential intercontinental ballistic missile threats.

Lockheed Martin edged out rival Northrop Grumman to win the multi-year missile contract to develop and manufacture a new warhead for the ground-based missile interceptors deployed in California and Alaska.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.