Times of Islamabad

Air Force ballistic missile program faces a funding setback

Air Force ballistic missile program faces a funding setback

WASHINGTON – The US Air Force has suspended the funding for Boeing’s $349million bid to develop ballistic missiles, *The Washington Post* reported.

The newspaper quoted a Pentagon spokesperson as saying the move, however,doesn’t signify that the contract has been cancelled altogether.

Reacting to the development, a Boeing representative said that the companywas disappointed with the service’s move, recalling that the manufacturerhad adhered to all the deadlines and had been receiving positiveperformance feedback from the Air Force.

The halt in the funding for Boeing could give a boost to Northrop Grummanto develop projectileslink.In 2017, Boeing and Northrop Grumman each won individual contracts worthmore than $677 million combined to develop the next generationnuclear-armed missile, Sputnik has reported.