First Take
MBDA and Saab have begun deliveries of Taurus KEPD 350K standoff missiles to South Korea, as integration with the country’s Boeing F-15K strike fighter (pictured) nears completion. Despite significant cost growth and the risk of additional schedule delays, the Pentagon is to move ahead with Raytheon’s GPS ground-control system, the OCX, which faced possible termination after a two-year delay and 25% cost growth.