Pentagon cancels billion-dollar missile defense project

The Pentagon is pulling the plug on a billion-dollar, technically troubled project to build a better weapon that would destroy incoming missiles. The move is aimed in part at considering new approaches to missile defense at a time of rapid technological change. The announced reason for canceling the Boeing contract, effective Thursday, was that the project’s design problems were so significant as to be either insurmountable or too costly to correct.

Source: yahoo.com/news