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Lockheed Martin, Assurance Technologies To Compete For Space Situational Awareness Satellite Contract

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The Air Force has awarded Assurance Technologies and Lockheed Martin [LMT] each a $29 million contract for technology demonstration on the Self-Awareness Space Situational Awareness (SASSA) program, the Defense Department said. Under the terms of the two-year deal, each company will develop a technology demonstration payload for tactical space situational awareness. The surveillance system would increase awareness of threats to U.S. satellites and demonstrate the capability to control and manage up to eight operational instruments, according to the award announcement.…

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