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Lockheed Martin Awarded $3.3 Billion in Satellite Support Contracts

Lockheed Martin Awarded $3.3 Billion in Satellite Support Contracts
A ULA Atlas V rocket carrying the AEHF-5 mission for the U.S. Air Force Space and Missile Systems Center lifts off from Space Launch Complex-41 at 6:13 a.m. ET on Aug. 8, 2019. (Photo: United Launch Alliance)

The Air Force has awarded Lockheed Martin [LMT] a $3.3 billion contract to provide support services for several military communications satellite programs, per a Nov. 15 contract announcement. The award provides for 10 years of indefinite-delivery/indefinite-quantity (IDIQ) contracts related to the service’s Advanced Extremely High Frequency (AEHF) military satcom program, as well as the Milstar constellation that AEHF is slowly replacing and the Defense Satellite Communications Systems (DSCS) III constellation. Lockheed Martin has been the prime contractor for the Air…

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