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  • Thursday, April 18, 2024

Billion-Dollar Air Force Contract Lands at Lockheed Martin

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $1, 310, 303, 131 contract modification, which will provide for the production of the fourth Advanced Extremely High Frequency Satellite Vehicle 4 (SV4).  In addition to delivery of the space vehicle, this effort includes SV4 unique systems engineering; system level factory test; system database management functions; systems level support equipment; and program management.  At this time, $1, 236, 420, 100 has been obligated.  SMC/PKI, Los Angeles Air Force Base, Calif., is the contracting activity (FO4701-02-C-0002; PO0448).”

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