Lockheed Martin Selected to Deliver 36 Small Satellites to Advance Space Development Agency's Communications Network

Lockheed Martin Selected to Deliver 36 Small Satellites to Advance Space Development Agency's Communications NetworkAward supports global military communications access and delivers persistent regional encrypted connectivityLITTLETON, Colo., Aug. 21, 2023 /PRNewswire/ -- The Space Development Agency (SDA) awarded Lockheed Martin (NYSE: LMT) a firm-fixed price agreement valued at approximately $816 million to build 36 Tranche 2 Transport Layer (T2TL) Beta satellites. The T2TL Beta variant satellites will work in tandem with SDA's Tranche 1 and Tranche 2 networks. With this award, Lockheed Martin will deliver at least 88 data communications satellites for SDA's low-Earth orbit military constellation. Lockheed Martin will deliver advanced technology on its T2TL Beta satellites to enable the proliferated global network and maintain the Proliferated Warfighter Space Architecture's technological and military advantages in space through a hybrid enterprise. SOURCE Lockheed Martin