Monday, December 22, 2014

MDA Delays Plans To Seek $3 Billion Multiyear Missile Deal With Raytheon

The Missile Defense Agency is delaying by one year its plans to seek congressional permission for a $3 billion multiyear purchase of Raytheon's newest guided missile because the Standard Missile-3 Block IB program has not yet met statutory requirements for such a contractual arrangement, according to an agency spokesman.

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