LMT - Lockheed Martin Selected to Develop Next Generation Weather Satellite Constellation | Benzinga
NOAA's Geostationary Extended Observations weather satellites to bring new critical measurements and advanced weather forecasting capability
DENVER, June 18, 2024 /PRNewswire/ -- NASA has selected Lockheed Martin [NYSE: LMT] to develop and build the nation's next generation weather satellite constellation, Geostationary Extended Observations (GeoXO), for the National Oceanic and Atmospheric Administration (NOAA).
The baseline contract is for three spacecraft with options for four additional spacecraft. The total estimated value of the contract including options is $2.27 billion.
The GeoXO mission will continue and expand upon critical observations of weather provided by the Lockheed Martin-built GOES-R Series geostationary satellites to include new observations of our oceans and air pollution. GeoXO's ...