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Lockheed Takes On Boeing In Fight Over Ground-Based Missile Defense System

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GMD System Operations And Sustainment At Stake; Missile Defense Agency Contract Sought Lockheed Martin Corp. [LMT] will take on The Boeing Co. [BA] in a fight for an operations and sustainment contract for the Ground-based Midcourse Defense (GMD) system, which is installed in Alaska and California to take down incoming missiles launched by North Korea. Those companies are the two largest defense contractors on the planet. Boeing, of Chicago, currently leads the GMD development and production program. Lockheed officials recently…

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