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Raytheon, Lockheed Martin On Track For Space Radar Demos

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Raytheon [RTN] and Lockheed Martin [LMT] say they are on schedule to demonstrate their respective radar systems competing for the Air Force's next contract for a new generation of space debris trackers. The two firms confirmed recently they will demonstrate their baseline versions of Space Fence in December as called for in the preliminary design review (PDR) phase of the competition. "We're on track to meet the requirements of the contract well before the end of the year," John Morse,…

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