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Tuesday, July 10, 2012

Raytheon awarded $636 million for Exoatmospheric Kill Vehicle

Exoatmospheric Kill VehicleRaytheon Company was awarded a $636 million development and sustainment contract to provide the Exoatmospheric Kill Vehicle to The Boeing Company, which is the prime contractor for the Ground-based Midcourse Defense program.

Raytheon booked the award during its second quarter.

EKV represents the centerpiece for the Missile Defense Agency's GMD as the intercept component of the Ground Based Interceptor, also known as GBI, which is designed to engage high-speed ballistic missile warheads in space.

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