Bloomberg News

Lockheed's $3.4 Billion Missile System in Action

November 18, 2013

Nov. 18 (Bloomberg) -- Lockheed Martin just completed a test of its MEADS missile defense system in which two missiles took out two targets simultaneously. MEADS, a $3.4 billion joint venture between the U.S., Italy and Germany, has been touted as a replacement for Raytheon's 31-year-old Patriot missile system. (Source: Bloomberg)

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