
Australia has selected Lockheed Martin [LMT] as the preferred bidder for the Australian Defence Satellite Communications System, known as JP9102, which will build the country a sovereign military satellite communications system. Four teams bid on the project — teams led by Airbus, Boeing [BA], and a team jointly led by Optus, Thales, and Raytheon [RTN]. The Australian Defence Force (ADF) announced the award on April 3. Lockheed Martin Australia, a subsidiary headquartered in Canberra, will move to the next stage of the procurement process.…