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Lockheed Martin Announces New Line of Tactical ISR Satellites

Lockheed Martin Announces New Line of Tactical ISR Satellites
Lockheed Martin plans to build the new, tactical ISR satellites at the company's $350 million Gateway Center in Littleton, Colo. (Courtesy of Lockheed Martin)

Lockheed Martin [LMT] on Apr. 13 announced its intention to build a new line of "rapid, integrated and affordable" tactical Intelligence, Surveillance, and Reconnaissance (ISR) satellites based on the company's LM 400 refrigerator-sized bus. The new, ISR birds are to permit military forces "to track moving targets at long ranges and operate in contested and denied environments -- on compressed timelines at the scale of battle," per Lockheed Martin. The company launched the LM 400 effort last year to provide…

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