Raytheon Wins $636M to Provide Boeing with Missile Defense Intercept

Raytheon Co. has won a $636 million development and sustainment contract to provide Boeing Co. with an interceptor component for the Missile Defense Agency‘s Ground-based Midcourse Defense Program. Boeing is the program’s prime contractor and awarded Raytheon the contract for the Exoatmospheric Kill Vehicle during the second quarter of that company’s fiscal year. The Ground Based...