Washington — The Air Force said Monday it has awarded contracts to Boeing Co. and Northrop Grumman Corp. for work that could lead to replacement of the nation’s intercontinental ballistic missiles.
The contracts are part of a planned overhaul of the U.S. nuclear arsenal that will cost tens of billions of dollars.
The Air Force said that it gave Boeing a $349 million contract and Northrop Grumman a $329 million award to advance the technology needed to replace the Minuteman III missiles that date to the 1970s. The Air Force wants the work done in August 2020.