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Pentagon awards $2.5 billion in satellite contracts to L3Harris, Lockheed Martin and Sierra Space
LHXL3Harris(LHX) CNBC·2024-01-16 19:00

Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities.The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system.The U.S. Space Force's Space Development Agency is having the trio of companies build 54 satellites as part of a network the U.S. military is building, the Proliferated Warfighter Space Architecture. These satellites will be for ...