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Big Law

The Pentagon Awards Three Companies $1.8 Billion in Contracts to Expand Its Military Satellite Internet

The Space Development Agency, an acquisition arm of the Department of Defense, on Monday announced nearly $1.8 billion in contracts to three companies for a next-generation military communications network of 126 satellites.

A pair of aerospace giants – Lockheed Martin and Northrop Grumman – and private venture York Space will each build 42 satellites for the SDA’s Transport Layer Tranche 1 (T1TL).

Lockheed Martin won $700 million, Northrop Grumman won $692 million, and York won $382 million.

Read the source article at cnbc.com

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