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U.S. Air Force Awards Lockheed Martin Corp contract for next two SBIRS missile defense early warning satellites


Tuesday, 24 Jun 2014 07:41pm EDT 

Lockheed Martin Corp:Says that the U.S. Air Force awarded a $1.86 billion fixed-price contract to complete the production of the fifth and sixth Geosynchronous Earth Orbit (GEO) satellites, known as GEO-5 and GEO-6, for the Space Based Infrared System ( SBIRS ).SBIRS provides continuous early warning of ballistic missile launches and other tactical intelligence.The Air Force awarded initial funding for the two satellites in a 2012 contract to complete non-recurring engineering activities and to procure select long lead parts. In 2013, the service awarded the advance procurement contract to secure additional long lead parts.