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  • Wednesday, April 24, 2024

Lockheed Blasts Off to NASA In-Space Servicing Deal

Lockheed Martin (NYSE: LMT) picked up a contract from NASA to provide Systems Engineering for In-Space Servicing (SEISS).

The 18-month deal carries a value of $31.2 million.

According to NASA, “Lockheed will provide systems and discipline engineering support to develop and execute two demonstrations to test and verify new robotic servicing capabilities using the Dextre robot aboard the International Space Station. The Canadian Space Agency’s Special Purpose Dexterous Manipulator, or Dextre, is a two-armed robotic system designed to perform intricate maintenance and servicing tasks, which previously would have required spacewalks.”

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