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home / news releases / LMT - SpaceX Just Made Space Cheaper for Everyone


LMT - SpaceX Just Made Space Cheaper for Everyone

2023-06-18 06:06:00 ET

National Security Space Launch Phase 2, or NSSL 2, is in full effect.

Remember back in 2020 when the U.S. Space Force budgeted billions of dollars' worth of rocket launch contracts under its NSSL 2 program...and handed them all to just two companies: SpaceX and United Launch Alliance (the joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) )?

Well, while that 2020 contract may seem like old news here in 2023, it turns out that Space Force is still figuring out exactly how to divvy up the launch contracts -- and how many to launch. When first announced, NSSL 2 was expected to cover a total of 25 launches, but according to SpaceNews.com, the number may ultimately grow to as many as 40 missions.

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SpaceX Just Made Space Cheaper for Everyone
Stock Information

Company Name: Lockheed Martin Corporation
Stock Symbol: LMT
Market: NYSE
Website: lockheedmartin.com

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