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Lockheed Building Launch System For DARPA Satellite Cost-Cutting Program

Lockheed Building Launch System For DARPA Satellite Cost-Cutting Program - top government contractors - best government contracting event

Lockheed Building Launch System For DARPA Satellite Cost-Cutting Program - top government contractors - best government contracting eventLockheed Martin Corp. will develop a small-satellite launch system for the Defense Advanced Research Projects Agency, according to a National Journal report.

According to the report, the $6.2 million contract is one of many DARPA will award under its Airborne Launch Assist Space Access program, created to reduce costs associated with satellite launch.

DARPA also intends to reduce the amount of preparation time needed to send smaller payloads into orbit so the launch can be complete within 24 hours of a request.

Lockheed will work to develop launch methods that the agency hopes will help to cut at least a third of traditional costs by fiscal 2015.

Northrop Grumman received a $2.3 million contract in April for similar work.

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