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Lockheed Martin Secures $514 Million Air Force Space Contract

The U.S. Air Force has awarded Lockheed Martin a $514.4 million contract modification to accelerate the production of its latest orbital hardware. This infusion of funding, drawn from the Defense Department’s fiscal 2026 procurement budget, pushes the total value of the overarching defense agreement to $4.68 billion.

Lockheed Martin Secures $514 Million Air Force Space Contract

The deal tasks the aerospace giant with manufacturing Space Vehicles 23 and 24, reinforcing the company's role as a primary supplier for military satellite infrastructure. Operations for this project will be centered at the firm's facility in Littleton, Colorado, with a long-term production schedule reaching into the next decade. According to the Defense Department, the project is slated for final completion by November 30, 2032.

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