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Space

Air Force, Lockheed Martin Continue AEHF Negotiations

DDN

Monday, May 23rd, 2011

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The Air Force and Lockheed Martin [LMT] remain in discussions regarding financial penalties for propulsion system malfunctions that prevented a new communications satellite from reaching its orbit last summer, a top Air Force official said this week. Orbit-raising activities for the first Advanced Extremely High Frequency communications satellite (AEHF-1) are continuing according to plan, officials said. Shortly after the launch last August, the original plan was modified as a result of an anomaly with the bi-propellant propulsion system, which was…

Budget

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