Lockheed Martin Gets $4.6 Billion Contract for NASA's Moon Missions
September 23 2019 - 5:56PM
Dow Jones News
By Kimberly Chin
Lockheed Martin Corp. (LMT) has finalized a roughly $4.6 billion
contract with the National Aeronautics and Space Administration to
deliver six Orion spacecraft for the space agency's undertaking to
send astronauts to the Moon and back.
The aerospace and defense company said NASA will initially order
three Orion spacecraft for its Artemis III to V space missions. By
fiscal 2022, the agency plans to order an additional three
spacecraft for its Artemis VI to VIII missions. Under the contract,
NASA could order up to 12 spacecraft in total through Sept. 30,
2030, Lockheed said.
Lockheed also said its first spacecraft to be delivered under
the contract is expected to carry the first woman to the Moon in
2024.
In July, the Bethesda, Md., company completed production of
NASA's Orion spacecraft capsule for the Artemis I mission to the
Moon. That mission will be uncrewed.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
September 23, 2019 17:41 ET (21:41 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Lockheed Martin (NYSE:LMT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lockheed Martin (NYSE:LMT)
Historical Stock Chart
From Apr 2023 to Apr 2024