Tucson-based Raytheon Missiles & Defense is partnered with Northrop Grumman on development of the Next Generation Interceptor, a ground-based ballistic missile interceptor. In December, the Missile Defense Agency approved the companies’ “software factory” for continued development of the NGI.
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Raytheon Technologies posted strong overall third-quarter results, but supply-chain and labor issues constrained sales at its Tucson-based missile unit.
