TYSONS CORNER, VA, Sept. 28, 2017 â Lockheed Martin (NYSE: LMT) has unveiled four new series of satellite buses designed withÂ 280 common components as part of efforts to cut design time and cost, ExecutiveBiz reported Sept. 20.
The company said Sept. 19Â the LM 50,Â LM 400,Â LM 1000Â and LM 2100Â lines launched during the Air Force Association’s recent Air, Space and Cyber ConferenceÂ integrate product modifications and updates.
“We’ve investedÂ $300 millionÂ in revamping our satellite solutions from top to bottom, applying what we learned from hundreds of small sat and geostationary missions,” notedÂ Rick Ambrose, executive vice president of Lockheedâs space systems segment and an inductee into Executive Mosaic’s Wash100 for 2017.
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