
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.