DataFloren

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Lockheed Martin Secures $890 Million SDA Contract for Advanced Missile Tracking Satellites

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​Los Angeles CA (SPX) Jan 17, 2024

The Space Development Agency (SDA) has taken a significant step in enhancing national defense capabilities by awarding Lockheed Martin (NYSE: LMT), a renowned leader in aerospace and defense technology, a substantial contract valued at $890 million. This agreement marks a pivotal moment in the advancement of the Tranche 2 (T2) Tracking Layer satellite constellation, designed to bolster missile t