After years of struggling with how to proceed with the Medium Extended-Altitude Air Defense System (Meads) with Italy and Germany, the Pentagon has finally cut its losses at $4 billion for development and canceled plans to deploy the system. The idea now is to “harvest” technology from this Lockheed Martin-led development while also providing its partners with the opportunity to do the same or, potentially, to buy components of the air and missile defense program once a proof-of-concept ...

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