
Lockheed Martin [LMT] on Wednesday won a $784 million contract from the Missile Defense Agency to develop and produce a Long Range Discrimination Radar, a ground-based system designed to differentiate between ballistic missiles threats and decoys.The LRDR will help increase homeland security by buoying MDA’s ballistic missile defense system, said Brad Hicks, Lockheed’s vice president of business development for integrated warfare systems and sensor.It is scheduled to deploy to Clear Air Force Station, Alaska, and become operational in 2020, he…