The HALO missile is going to replace the Harpoon, which has been the anti-ship missile since 1977. The latter has gone through several upgrades, but it may have reached its potential.

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

According to the program solicitation, HALO contracts “will focus on rapid ... in contracts to private companies to help establish a missile tracking and communications satellite constellation ...