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Lockheed Martin-Northrop Grumman Team Receive TSAT Contract Extension

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The Air Force recently awarded the Lockheed Martin [LMT]/Northrop Grumman [NOC] Transformational Satellite Communications System (TSAT) Space Segment Team a $75-million, six-month extension to its Risk Reduction and System Definition (RR&SD) contract. Over the next several weeks, the team will focus on delivering an Interim Design Review (IDR) in early April 2009 for the initial TSAT satellite constellation, known as Block 10. Under the restructured program, the initial increment of TSAT will consist of five Block 10 satellites and associated…

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