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Raytheon wins $10 million to develop new missile defense interceptor
TUCSON, Ariz., 19 Sept. 2008. Raytheon Company won a $10 million missile defense agency contract to continue research and development of the Network Centric Airborne Defense Element. NCADE is an air-launched weapon system designed to engage short- and medium-range ballistic missiles in the boost and ascent phase of flight.