Missile defense contract draws multiple bidders

08/6/2009 | Reuters

Both Lockheed Martin Corp. and Northrop Grumman Corp. plan to aggressively pursue a $200 million contract to operate Ground-based Midcourse Defense, the core of the U.S. missile defense program currently run by Boeing Co. The current one-year GMD contract was awarded in February, and the Missile Defense Agency has said it plans competitive bids for the prime contractor position. Boeing intends to defend its incumbent position, and Raytheon Co. also has expressed interest in the contract.

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