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Elon Musk's SpaceX Wins $739 Million US Space Force Contract - Lockheed Martin (NYSE:LMT), Tesla (NASDAQ:TSLA)
Benzinga· 2026-01-10 07:17
Core Insights - SpaceX has secured new contracts worth $739 million from the U.S. Space Force for military launches aimed at enhancing missile warning and tracking capabilities [1][4] Group 1: Contract Details - Nine task orders have been issued under the National Security Space Launch (NSSL) Phase 3 Lane 1 [1] - The awarded task orders will support the Space Development Agency (SDA) and the National Reconnaissance Office (NRO) [2] - Specific missions include SDA-2 for launches starting in 4QFY26, SDA-3 for launches in 3QFY27, and NTO-5 for launches in 1QFY27 and 2QFY28 [2] Group 2: Launch Specifications - The SDA-2 task order includes two launches carrying 18 Tranche 2 Tracking Layer space vehicles from L3Harris and a separate launch for eight F2 space vehicles from Millennium Space Systems [3] - The SDA-3 task order involves two launches delivering 18 Tranche 2 Tracking Layer vehicles from Lockheed Martin [3] Group 3: Strategic Importance - Colonel Matt Flahive emphasized that each task order awarded contributes to delivering national defense capabilities [4] - SpaceX's recent contract win reflects the company's strong position in securing federal contracts, which have been crucial for its success [5] - The company also won a 2024 Pentagon contract to expand Ukraine's access to its Starshield satellite network [5]