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Wednesday, February 28, 2024

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

"HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR). ..."

Reference: www.prnewswire.com .