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Teams Submit Final Proposal Revisions For GMD Development And Sustainment Contract

Cal Biesecker By
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Lockheed Martin [LMT] and its strategic partner Raytheon [RTN] and the Boeing [BA] and Northrop Grumman [NOC] teams have submitted final proposals for future work on the Ground-based Midcourse Defense (GMD) element of the U.S.  ballistic missile defense system (BMDS). The contract award is expected by the end of the year, a date MDA pushed back from the initial expected award date of May 2011, “in the best interest of the government,” an agency statement said in June. The request…

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