Northrop wins Space Development Agency’s contract to build 14 satellite
2022.07.18 22:25
2/2
FILE PHOTO: The corporate logo of Northrop Grumman is shown on a Fire Scout MQ-8 B unmanned helicopter during a ceremony at Naval Air Station North Island in Coronado, California, May 2, 2013. REUTERS/Mike Blake
2/2
(Reuters) – Defense contractor Northrop Grumman Corp (NYSE:NOC) said on Monday it had won a contract to build and deploy a low-Earth orbit constellation of 14 satellites for the U.S. Space Development Agency.
The satellites are part of the agency’s plan to build the Tranche 1 Tracking Layer for detecting, identifying and track hypersonic weapons and other advanced missiles from their earliest stages of launch through interception.
The agency said the Northrop award had a potential value of about $617 million.
The space agency also awarded a similar contract to L3Harris Technologies (NYSE:LHX) Inc, with a potential value of about $700 million.
The launch of the satellites is expected to start in April 2025.
