TYSONS CORNER, VA, July 27, 2018 â Lockheed Martin (NYSE: LMT) will support the development of a launch site in Scotland and a new deployment platform forÂ small satellites under two contracts potentially worth $31 million combined from the U.K. space agency, ExecutiveBiz reported July 18.
Space News reported July 17 that the company will help the agency establish operations at the future Sutherland spaceport as well as build theÂ Small Launch Orbital Maneuvering Vehicle, which will serve as the upper stage for a yet-unidentified launch vehicle.
Rick Ambrose, executive vice president at Lockheed’s space business and a three-time Wash100 awardee, noted that the company is working on the details of the project and is looking across its supply chains for opportunities.
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