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Space

NASA Awards Lockheed Martin $2.27 Billion for Weather Satellites

Frank Wolfe

Tuesday, June 18th, 2024

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NASA Awards Lockheed Martin $2.27 Billion for Weather Satellites

The first GeoXO satellite is to launch in the next decade, Lockheed Martin said (Lockheed Martin Graphic)

NASA said on June 18 that it awarded Lockheed Martin's [LMT] Littleton, Colo., operation a $2.27 billion contract for the next generation weather satellite constellation--Geostationary Extended Observations (GeoXO)-- for the National Oceanic and Atmospheric Administration (NOAA). This cost-plus-award-fee deal "includes the development of three spacecraft as well as four options for additional spacecraft," NASA said. "The anticipated period of performance for this contract includes support for 10 years of on-orbit operations and five years of on-orbit storage, for a total…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]