Lockheed Awarded $2 Billion SBIRS High Contract Modification

By Thomas Duffy / September 9, 2002 at 5:00 AM
The Air Force announced today it has given Lockheed Martin a $2 billion contract modification for a troubled space-based missile-warning program key to the Bush administration's plan for a missile defense system that can protect the United States. The contract covers the restructured engineering and manufacturing development phase for the Space Based Infrared System High program, according to a Defense Department statement. "The current modification re-baselines the program, redefines the incentive structure and extends the period of performance to 30...

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