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Northrop Grumman Stands Alone on GBSD After Air Force Cuts Funds for Boeing Contract

Northrop Grumman Stands Alone on GBSD After Air Force Cuts Funds for Boeing Contract

The Air Force has pulled the plug nearly a year early on Boeing’s [BA] contract to mature technology for the next generation of silo-based, nuclear-tipped intercontinental ballistic missiles, the company said this week. This is another setback for the incumbent on the current Minuteman III missile fleet, which hoped the remaining year or so of work on its tech-development contract would produce breakthroughs that could persuade the Air Force to unilaterally include Boeing on a team to build the successor…

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