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Air Force missile defense contracts could be worth $2 billion

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An incredibly lucrative contract to provide missile warning, missile defense and other sensor systems to the United States Air Force may come up for competition for the first time in years, the Washington Post reports.

Exelis, a McLean-based contractor, has held the contract worth $1.2 billion for several years. The Air Force, though, wants to boost competition for their services, meaning that the next contracts, in aggregate, could be worth up to $2 billion over seven years.

The Post reports that this new strategy is an effort to maintain a "competitive environment" throughout the contracting period and could include the award of six separate contracts.

READ MORE at washingtonpost.com.

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