By Stephen Nakrosis 
 

Lockheed Martin Corp. on Tuesday said the U.S. Missile Defense Agency selected it and partner Aerojet Rocketdyne "to deliver the nation's most advanced missile defense system, the Next Generation Interceptor."

Lockheed Martin said, "The $3.7 billion contract for Next Generation Interceptor is the first step in the development and demonstration phase delivering on MDA's requirements to modernize the current ground-based Midcourse Defense system."

The Next Generation Interceptor is a "missile defense interceptor program designed to protect and defend the U.S. from intercontinental ballistic missiles," Lockheed Martin said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 23, 2021 19:04 ET (23:04 GMT)

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