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European Deployment of Aegis BMD Ground Variant Planned For 2015

DDN

Friday, January 14th, 2011

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A new ground variant of Lockheed Martin's [LMT] premiere ballistic missile defense system could be in place in Eastern Europe by 2015, as part of the Obama administration's plan to stand up such capabilities in the region, according to a senior company official. The Aegis Ashore system, a land-based version of the company's successful ship-based Aegis BMD platform, has already cleared a critical development milestone and is poised to undergo some "pretty significant design reviews" beginning this year, Lisa Callahan,…

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