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South Korea F-35 Deal Includes New Military Communications Satellite

South Korea’s decision to buy Lockheed Martin’s [LMT] F-35A for its next-generation fighter jet platform called F-X also includes the United States supplying it with a ready-to-operate military secure communications satellite as part of a robust technology transfer program. Lockheed Martin spokesman Michael Rein said March 24 in an email this new satellite, which will be launched and placed into orbit by the United States, will be fully owned and operated by South Korea. The project will also include all necessary…

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Contract Updates

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