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The pace at which Lockheed Martin [LMT] and an industry-government team went from contract award to a successful flight-test last December of a missile defense system based on Guam in less than two years is “unprecedented,” according to a company executive. The first flight-test of the Missile Defense Agency’s Defense of Guam system employing Lockheed Martin’s AN/TPY-6 radar, MK 41 Vertical Launch System, and the RTX [RTX] Standard Missile-3 Block IIA that intercepted a medium range ballistic missile target was…
