Lockheed Martin/Raytheon and Boeing/Northrop Grumman have each submitted proposals to the U.S. Missile Defense Agency (MDA) for the Ground-Based Missile Defense (GMD) development and sustainment contract. A downselect is expected May 31. The deal could be worth up to $10 billion if all 10 years of options are exercised, and the work will involve sustainment of the GMD system, development of new capabilities, flight testing and disposal of outdated components. The initial contract period ...

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