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Lockheed wins NASA spacecraft contract worth as much as $4.6B

Sep. 23, 2019 4:59 PM ETLockheed Martin Corporation (LMT) StockLMTBy: Carl Surran, SA News Editor21 Comments
  • Lockheed Martin (NYSE:LMT) says it was awarded a contract by NASA worth as much as $4.6B to produce at least six Orion - and potentially as many as 12 - deep space exploration spacecraft.
  • LMT says NASA initially has ordered three Orion spacecraft for Artemis missions III-V for $2.7B and in FY 2022 plans to order three additional Orion spacecraft for Artemis missions VI-VIII for $1.9B, and up to six additional Orions may be ordered under the contract through 2030.
  • Orion is a critical part of NASA's Artemis program to build a sustainable presence on the lunar surface and to prepare for trips to Mars.

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