July 9, 2012 / 11:41 AM / in 5 years

Raytheon wins $636 mln U.S. missile defense contract

FARNBOROUGH, England, July 9 (Reuters) - U.S. defense contractor Raytheon Co on Monday said it had won a $636 million contract to develop and provide the key interceptor for Boeing Co’s U.S. ground-based missile defense program.

The contract runs through 2018, and covers development, fielding, testing, and operation of the Exoatmospheric Kill Vehicle (EKV), which is designed to engage high-speed ballistic missile warheads in space.

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