Boeing Says Millennium Space Systems Achieved Missile Track Custody Space Vehicle Critical Design Review Less Than A Year After Authorization To Proceed
Portfolio Pulse from Benzinga Newsdesk
Boeing subsidiary Millennium Space Systems has successfully completed the Critical Design Review (CDR) for its Missile Track Custody Space Vehicle less than a year after receiving the authorization to proceed. This milestone indicates progress in the development of the vehicle, which is designed to track missiles.
November 27, 2023 | 9:04 pm
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Boeing's subsidiary Millennium Space Systems has achieved a significant milestone in missile tracking technology, which could enhance Boeing's reputation in defense and space sectors.
The successful completion of the Critical Design Review for the Missile Track Custody Space Vehicle by Boeing's subsidiary is a positive development, indicating progress in a significant defense project. This achievement is likely to be viewed favorably by investors and could positively influence Boeing's stock price in the short term due to the potential for future contracts and enhancements to Boeing's credibility in the defense and space sectors.
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