The U.S. Defense Department said on Wednesday it is canceling a Boeing Co contract for a “kill vehicle” due to technical design problems after spending $1.2 billion on the project. The decision to end the contract for the Redesigned Kill Vehicle (RKV) follows the Pentagon’s move in May to issue a stop work order on the project after it “determined the technical design problems were so significant as to be either insurmountable or cost-prohibitive to correct,” the Pentagon said. In December, the Missile Defense Agency and Boeing deferred a design review due to the failure of critical components to meet technical requirements.
source https://finance.yahoo.com/news/pentagon-ends-boeing-kill-vehicle-214441273.html?.tsrc=rss