Lockheed Martin Announces Intention To Bid On Next-Gen Aegis Missile

MISSILE BID: Lockheed Martin has announced its intention to bid on the U.S. Missile Defense Agency’s next-generation ship-based interceptor, dubbed the SM-3 IIB. Raytheon manufactures the current SM-3, and Lockheed Martin leadership acknowledged at a Washington luncheon Aug. 25 that SM-3 IIB is not...

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