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Lockheed Martin Achieves Iridium Next Communications Satellite Software Milestone

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Lockheed Martin [LMT] completed the critical design review (CDR) for the application software of its Iridium Next constellation of global communication satellites, according to a company statement. The company said the CDR shows the design is at a high level of maturity and keeps the program on schedule for a first launch in 2015. Lockheed Martin spokeswoman Suzanne Smith said in an email the application software provides a core telecommunications function that enables satellite calls to occur around the world.…

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