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Space

Lockheed Martin Purchases Up To 25 Launches With Firefly Aerospace

By Cal Biesecker

Wednesday, June 5th, 2024

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Lockheed Martin Purchases Up To 25 Launches With Firefly Aerospace

Firefly Aerospace's Alpha rocket lifting off in December 2023 with a Lockheed Martin payload. Photo: Firefly Aerospace

Lockheed Martin [LMT] and Firefly Aerospace on Wednesday announced an agreement for the purchase of up to 25 launches of different spacecraft aboard the fledgling space transportation company’s Alpha rocket over the next five years. Financial terms of the agreement were not disclosed. The deal calls for Firefly to conduct 15 launches with options for 10 more through the end of 2029. The first launch is slated for later this year and Firefly said it will be done as a…

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