Stocks Mkt & Investing: "U.S. military satisfied after missile defense test"
U.S. military satisfied after missile defense test
The U.S. military is taking a victory lap after a successful missile defense test involving a simulated attack by an intercontinental ballistic missile. An ICBM-type missile fired from the Kwajalein Atoll in the Marshall Islands toward Alaska was intercepted by a missile fired from Vandenberg Air Force Base in California.
Boeing (NYSE: BA ) is the prime contractor on the defense system. Raytheon (NYSE: RTN ), Orbital ATK (NYSE: OA ) and Northrop Grumman (NYSE: NOC ) are sub-contractors.
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