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Pentagon Awards Production Contract For Fourth AEHF Satellite

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By Marina Malenic Lockheed Martin [LMT] has received a cost-plus-incentive-fee contract modification valued at approximately $1.4 billion for production of the Air Force's fourth Advanced Extremely High Frequency (AEHF) satellite. The contract includes manufacturing, integration and test of the fourth AEHF space vehicle. The satellite is contracted to be available for launch in 2017. AEHF-1 was launched on Aug. 14, 2010 out of Cape Canaveral Air Force Station, Fla. and is currently in an orbit-raising phase, according to the Air…

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