Aug. 22 (UPI) -- Boeing and Northrop Grumman have received $349.2 million and $328.6 million contracts respectively for the development of the Ground Based Strategic Deterrent replacement for the LGM-30G Minuteman III ballistic missile.
The contracts are to run until Aug. 20, 2020, when one of the two companies will be selected to finish the program. Boeing, Northrop Grumman and Lockheed Martin have all been competing to develop the new missile.