Author: Jane Edwards|| Date Published: September 27, 2018
Lockheed Martin (NYSE: LMT) has received a potential nine-year, $1.36B contract to produce the 11th and 12th GPS IIIF satellites for the U.S. Air Force.
The contract includes space vehicle test bed and simulators, nonrecurring engineering support, launch and on-orbit services, space vehicle storage and options for up to 22 GPS III satellites, the Defense Departmentsaid Wednesday.
Work will occur in Littleton, Colo., through Aug. 31, 2027.
The Space and Missile System Center awarded the contract through a competitive acquisition process and will obligate $10.1M in research, development, test and evaluation funds for fiscal 2018 at the time of award.
Lockheed is the incumbent on the initial GPS III contract and has been selected to build an additional 22 GPS III satellites under a potential $7.2B follow-on contract.
Northrop Grumman has secured a $303.6 million indefinite-delivery/indefinite-quantity contract for the repair and return of radar components used on F-16…
Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks. The…
Shareholders at identity security company CyberArk have approved Palo Alto Networks’ proposed acquisition offer. Cyberthreats are escalating, and government data…
Lockheed Martin (NYSE: LMT) has received a potential nine-year, $1.36B contract to produce the 11th and 12th GPS IIIF satellites for the U.S. Air Force.
