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U.S. still spending billions on Reagan’s ‘Star Wars’ missile defense

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 Boeing won a $3.48 billion contract Friday to retain its leading role in building a US shield against long-range ballistic missiles, defeating rival Lockheed Martin Corp., officials said Friday.

The US Missile Defense Agency announced the decision for the seven-year contract in which Boeing will test, engineer and manufacture the system designed to thwart potential attacks from intercontinental ballistic missiles.

Chicago-based Boeing was joined by partner Northrop Grumman, which will oversee the ground system and other aspects of the project, Boeing said in a statement.

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