The Navy on Friday canceled Boeing's [BA] Harpoon Block III weapon system Program due to cost overruns and a delay in the testing schedule, the service said. The Block III, was a modification of the current Harpoon Block I C weapon system, and added a Global Positioning System and weapons data-link to provide increased target selectivity and target acquisition. The decision to terminate was made after Sean Stackley, the Navy's acquisition chief, made a recommendation for cancellation following the program's…
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