Boeing wins $3.48 billion U.S. missile defense contract

(Reuters) - Boeing Co beat out Lockheed Martin to retain its position as the prime contractor for the U.S. long-range missile shield, the Pentagon said on Friday. The U.S. Defense Department said it was awarding Boeing a $3.48 billion, seven-year contract to develop, test, engineer and manufacture missile defense systems. A team led by Lockheed Martin Corp and Raytheon Co had vied with Boeing to ...