Boeing Wins $150M Missile Defense Contract for GMD System

July 14, 2020

Nasdaq

The Boeing Company BA recently secured a modification contract for the Ground-based Midcourse Defense development and sustainment. The deal has been awarded by the Missile Defense Agency, Huntsville, AL.

Valued at $150 million, the contract is expected to be completed by Jul 30, 2023. Per the terms, the jet giant will offer development, fielding, test, systems engineering, integration and configuration management, equipment manufacturing and refurbishment, training and operations and sustainment for the Ground-based Midcourse Defense (GMD) weapon system.

The system is the United States’ only operationally deployed missile defense program capable of defending the entire homeland from long-range ballistic missile attacks. It is designed to detect, intercept and destroy long-range ballistic missiles during the midcourse phase of flight.

GMD forms an integral element of the U.S. Missile Defense Agency’s layered ballistic missile defense architecture. Being its prime contractor, Boeing designs, produces, integrates, tests and sustains all GMD components deployed across 15 time zones.

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