The Defense Department has awarded Northrop Grumman and Raytheon Technologies new funding to begin Glide Phase Interceptor technology development in a pair of contract actions that extends funding for the competition to design a new hypersonic glide vehicle-killing guided missile through March 2024. On May 9, the Missile Defense Agency awarded Northrop Grumman an $83.7 million firm-fixed-price, in-scope modification to a previously awarded other transaction prototype agreement, increasing the total value of the agreement to $239 million, according to a...
