Though last week’s White House decision to restructure the SM-3 Block IIB interceptor program shuts the door on Lockheed Martin’s aspirations to get into the large interceptor market, company officials are hopeful that new kill vehicle work may be on the horizon. Details on the shift away from the SM-3 IIB — originally slated as a ship- and land-based interceptor designed to kill early in the midcourse phase — are scant. But North Korea’s missile and nuclear advances have prompted the ...

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