The Defense Department is poised for a major announcement on the Next Generation Interceptor competition -- likely picking a winner in the two-way race between Lockheed Martin and Northrop Grumman much earlier than planned -- in the wake of a steep funding cut to the project in the Pentagon's fiscal year 2025 budget request. The Missile Defense Agency is proposing $1.7 billion for NGI in FY-25, a $413 million reduction or 20% cut, compared to the agency’s plan a year...
