Lockheed Martin, Boeing compete for military satellite contract amid commercial disruption

The Mobile User Objective System's four-satellite constellation official transferred to the Space Force this year. (Lockheed Martin) By Sandra Erwin, Published by Space News, 8 February 2025 WASHINGTON — Lockheed Martin and Boeing are advancing competing designs for next-generation military communications satellites, even as some experts question whether the Pentagon

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UK taxpayer faces £200m loss from bailout of OnewebSatellite bailout leaves Britain nursing losses as shares plunge to record low

A CGI image of a OneWeb satellite. (Credit: OneWeb) By Guy Taylor, Published by City AM, 27 December 2024 The UK taxpayer faces a £200m paper loss from the government’s decision to bailout satellite-internet company Oneweb. Imperilled Oneweb was saved by the government in 2020 after filing for bankruptcy. In

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Space Force awards Northrop Grumman $1.8 billion contract extension for missile warning satellites

Illustration of the Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) polar satellite. Credit: Northrop Grumman By Sandra Erwin, Published by Space News, 23 October 2024 The company is building two satellites for the Next-Generation Overhead Persistent Infrared (Next-Gen OPIR) program WASHINGTON — The U.S. Space Force awarded Northrop Grumman a $1.8

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Lockheed Martin secures $977.5 million contract extension for missile-warning satellites

Next Generation Overhead Persistent Infrared missile warning/tracking constellation (Raytheon Intelligence & Space illustration) By Sandra Erwin, Published by Space News, 21 June 2024 The latest award brings the total value of Lockheed Martin’s contract for the Next-Generation Overhead Persistent Infrared satellite program to $8.2 billion WASHINGTON — The Pentagon announced

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