
The U.S. Air Force on July 7 awarded Northrop Grumman [NOC] a contract that could be worth nearly $3.9 billion for ground subsystems support for the Boeing [BA] Minuteman III ICBMs until 2039. Northrop Grumman was the incumbent, as the company had won a $963 million contract for such support in January 2015. Given its long experience with the Minuteman III, Boeing expressed chagrin at the 2015 decision. The latest contract looks to mark the second consecutive loss for Boeing…