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Lockheed Martin Gains $1.09 Billion GOES-R Weather Satellite Contract

DDN

Monday, December 8th, 2008

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NASA and the National Oceanic and Atmospheric Administration (NOAA) awarded a $1.09 billion contract to Lockheed Martin Corp. [LMT] to produce Geostationary Operational Environmental Satellites (GOES-R), NASA announced. Lockheed Martin Space Systems Co. of Denver will supply two satellites under the basic portion of the contract, with two possible options, each for one additional satellite, or a total of four. Lockheed would get the full $1.09 billion if all options are exercised. In winning the rich prize, Lockheed beat out…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]