Millennium Space Systems Awarded $414M Space Development Agency Contract [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
April 30, 2024 /PRNewswire/ -- The Space Development Agency awarded Millennium Space Systems, a Boeing [NYSE: BA] company an award with a total potential value of $414 million to deliver the Fire-control On Orbit-support-to-the-war Fighter, also known as FOO Fighter, or F2. As the end-to-end operational prime, Millennium Space Systems will deliver a constellation of eight satellites with a ground system and perform mission operations. "FOO Fighter may be the World War II term for Unidentified Flying Objects, but this is a no kidding, critical mission that will help protect our country and allies against advanced threats," said Jason Kim , CEO of Millennium Space Systems. "And we're bringing invaluable insights from being at the forefront of fielding the intellectual property and technology that will make the FOO Fighter mission a reality." F2 accelerates the U.S. government's ability to provide fire-control in support of global detection, warning and precision tracking of advanced
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