The Defense Department plans to hold an open competition to build the third generation of a medium-range missile defense system initially built for ship-based applications but now being altered for terrestrial deployment, the head of the department's Missile Defense Agency (MDA) said yesterday. The Aegis Ashore program, currently being derived by Lockheed Martin [LMT] from its destroyer-based system, is slated for initial deployment to Romania in 2015 and then Poland in 2018 under the Obama administration's "phased-adaptive" approach to missile…
MDA To Compete Aegis Ashore, Pass On Next-Gen THAAD
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