Lockheed Wins $2.9 Billion Contract for US Missile Warning Satellites

Reuters
By Reuters
August 15, 2018US News
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Lockheed Wins $2.9 Billion Contract for US Missile Warning Satellites
A sign at the new Lockheed Martin Manufacturing Centre of Excellence is seen at the company's headquarters in Ampthill near Bedford, Britain, on June 9, 2016. (Peter Nicholls/File Photo/Reuters)

WASHINGTON—Lockheed Martin Corp has been awarded a U.S. Air Force contract worth up to $2.9 billion for three missile warning satellites, the Air Force said on Aug. 14.

Lockheed’s Next-Generation Overhead Persistent Infrared Satellites will provide improved missile warning capabilities that are more survivable against emerging threats than the current system, the Air Force said.

“As we develop these new systems, speed matters,” Air Force Secretary Heather Wilson told the Air Force’s internal news service. “We are focused on providing a missile warning capability survivable in a contested environment by the mid-2020s.”

Last year, North Korea conducted a dozen missile tests, including the launch of a suspected intercontinental ballistic missile (ICBM) that could hit the U.S. mainland, and tested a purported hydrogen bomb.

The Air Force said the “undefinitized contract” allows the government to meet urgent needs by authorizing Lockheed Martin to begin work before reaching a final settlement on contract terms.

By Eric Beech

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