Boeing Gets $6.6 Billion From Pentagon to Expand Missile Defense
- Missile Defense Agency extends Boeing management by six years
- Contract calls for buying 20 more Orbital ATK interceptors
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Boeing Co. has received a $6.56 billion contract to continue managing the U.S. missile defense system intended to stop North Korean or Iranian intercontinental ballistic missiles, the Defense Department said.
The sole-source contract announced Wednesday extends Boeing’s management role for six more years, through 2023, and brings its total contract to $12.6 billion. It includes overseeing the addition of 20 ground-based interceptors to the 44 already stationed in California and Alaska.