
Lockheed Martin [LMT] said Wednesday it successfully passed another Missile Defense Agency (MDA) acquisition milestone in the Next Generation Interceptor competition as it barrels towards Critical Design Review (CDR) in 2025. This latest achievement, called the first Knowledge Point, or KP1, had MDA evaluate the company’s NGI development progress thus far. The company said this entailed an agency evaluation of it completing design review milestones and demonstrating maturation across critical technologies, manufacturing readiness and utility of Lockheed Martin’s NGI factory. …