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