LMT - NASA Selects Lockheed Martin to Build Next-Gen Spacecraft for NOAA | Benzinga
WASHINGTON, June 18, 2024 /PRNewswire/ -- NASA, on behalf of the National Oceanic and Atmospheric Administration (NOAA), has selected Lockheed Martin Corp. of Littleton, Colorado, to build the spacecraft for NOAA's Geostationary Extended Observations (GeoXO) satellite program.
This cost-plus-award-fee contract is valued at approximately $2.27 billion. It includes the development of three spacecraft as well as four options for additional spacecraft. The anticipated period of performance for this contract includes support for 10 years of on-orbit operations and five years of on-orbit storage, for a total of 15 years for each spacecraft. The work will take place at Lockheed Martin's facility in Littleton and NASA's Kennedy Space Center in Florida.
The GeoXO constellation will include three operational satellites — east, ...