
Lockheed Martin Commercial Launch Services, Inc. (LMCLS), a wholly-owned subsidiary of Lockheed Martin [LMT], has introduced what it calls the industry’s first–and only–100 percent space launch vehicle “refund or reflight” program, to protect customers in the event of a total launch vehicle malfunction, according to a company statement. The program also provides partial refunds for partial malfunctions and applies to all future LMCLS non-U.S. government contracts. “Our customers expect superior service and can't afford anything less than 100 percent mission…