Boeing (BA) faces competition for its missile defense work for the first time, as Lockheed...

|About: The Boeing Company (BA)|By:, SA News Editor

Boeing (BA) faces competition for its missile defense work for the first time, as Lockheed Martin (LMT) seeks to wrest away an order for as much as $10B. For Boeing, it's not just the revenue; it's also about reputation. For Lockheed, a victory would give the world’s largest defense contractor a role in every U.S. anti-missile system.