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Lockheed Martin Credits Air Force Effort Reducing Cost Of Space Fence

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Lockheed Martin Credits Air Force Effort Reducing Cost Of Space Fence
Space Fence program view. Photo: Lockheed Martin.

The Air Force in its Space Fence procurement employed a deliberate effort to manage technological risk while still being able to acquire a capable system at an affordable price, according to a key Lockheed Martin [LMT] executive. Lockheed Martin Monday prevailed over Raytheon [RTN] to win the Air Force’s $915 million Space Fence contract (Defense Daily, June 3). Space Fence is a S-band phased array ground-based radar to help the service identify and track space debris that could damage satellites…

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