Lockheed Martin Corporation (LMT) recently secured a contract from the U.S. Missile Defense Agency to develop the nation’s Next Generation Interceptor (NGI). This award should bolster LMT’s position in the rapidly expanding missile defense systems market.Per Reuters, this contract is valued at $17 billion.Significance of NGIThe NGI is a modern, never-fail weapon system designed to protect the homeland against increasing and evolving ballistic missile threats. It is equipped with kill vehicle technology and ...