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NASA Gives Lockheed $47.5 Million Contract For Space Shuttle Fuel Tanks

NASA gave Lockheed Martin [LMT] a $47.5 million contract change for external fuel tanks to be mated to space shuttle orbiter vehicles in future missions. Lockheed Martin will make the tanks at New Orleans at the NASA Michoud Assembly Facility. The contract change calls for final assembly of one tank, partial manufacture of a tank and acquisition of component parts for one additional tank to serve as spares, according to NASA. That cost plus award fee/incentive fee contract will conclude…

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Congress Updates

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