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Space

Lockheed Martin Secures NASA Contract Worth Billions to Build Additional Orion Spacecraft

By Vivienne Machi

Monday, September 23rd, 2019

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Lockheed Martin Secures NASA Contract Worth Billions to Build Additional Orion Spacecraft

Orion is NASA’s deep space exploration spaceship that will carry astronauts from Earth to the Moon and bring them safely home. (Image: Lockheed Martin)

NASA has awarded Lockheed Martin [LMT] a contract to build up to 12 new Orion deep exploration vehicles for the agency’s Artemis crewed lunar exploration program, the company said Sept. 23. The Orion Production and Operations Contract (OPOC) is an indefinite-delivery/indefinite-quantity (IDIQ) contract that includes an initial three Orion spacecraft worth $2.7 billion for Artemis missions 3-5. NASA then plans to order three more Orion spaceships for Artemis missions 6-8 worth $1.9 billion in fiscal year 2022, according to a…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]