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Boeing wins $3.48 billion U.S. missile contract

(Reuters) – Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday. The U.S. Defense Department said it was awarding Boeing a $3.48 billion, seven-year contract to develop, test, engineer and manufacture missile defense systems. A team led by Lockheed Martin Corp and Raytheon Co had vied with Boeing to expand and maintain the Ground-based Midcourse Defense, or GMD, hub of layered antimissile protection. Boeing partnered with Northrop Grumman Corp to retain the work. …

Quoted from Boeing wins $3.48 billion U.S. missile contract on Yahoo! News – Latest News & Headlines

Tax Time 2011Doing your tax doesnt need to be daunting Check out ninemsn Finances Tax Time for tips and advice on how to make your 2011/12 tax return work for you. Boeing (Reuters) (Reuters) Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long range missile shield the Pentagon said on Friday. won a 3.48 Friday to retain its leading role in building a US shield against long range ballistic s defeating rival Lockheed Martin Corp Tags: boeing, wins, billion, contract, WFSU 3.48 WFSU WFSU Radio TV Schedules Watch Full Episodes Whats On TV This Week Live Television Webcasts Turkish and regional military balance geopolitics strategy aerospace and defense industry news global security forecasts members forum and more. Join the discussions

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