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The U.S. Air Force gave Lockheed Martin an $284.4 million...

The U.S. Air Force gave Lockheed Martin an $284.4 million fixed-price contract for infrared surveillance satellites. Under the contract, Lockheed will procure long lead parts for the fifth and sixth geosynchronous Earth orbit satellites, GEO-5 and GEO-6, in the Space…

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Based Infrared System missile warning constellation, Lockheed said in a release (http://bit.ly/XRcYj7). Lockheed previously received an Air Force contract to complete non-recurring engineering activities for GEO-5 and GEO-6, it said: “A final contract for full production under fixed-price terms will be awarded at a later date.”