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Lockheed Martin Receives $339 Million For Fifth MUOS Satellite

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Lockheed Martin [LMT] recently said it received a $339.6-million contract option from the Navy for the fifth satellite in the Mobile User Objective System (MUOS) constellation. MUOS will replace the current Ultra High Frequency Follow-On (UFO) system and provide assured communications, including simultaneous voice, video and data, for mobile warfighters. "MUOS will provide 10 times more communications capability than the current UFO satellite system," said Mark Pasquale, Lockheed Martin vice president and MUOS program manager. "We are committed to successfully…

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