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0 0.000606415004439765 0.000584757325709791 0 -0.000498126610789895 -0.0080783141662877 2.1657678729974E-05 0.000584757325709791
Stock impact report

Lockheed-Boeing Alliance Told It Must Launch More US Satellites [BNN Bloomberg (Canada)]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
“Launch is foundational to our ability to deliver critical capabilities to orbit, and we need the commercial launch industry ready to meet the growing demand” for national security satellites, Frank Calvelli, the Air Force's assistant secretary for space acquisition, said in a prepared statement Wednesday to a House Armed Services panel. Since 2019 the United Launch Alliance has averaged six to seven launches per year, Calvelli said, and that needs to increase to about two a month. Last year, the company owned by Lockheed and Boeing performed only three launches, in contrast to competitor SpaceX, which launched a combined 96 government and commercial flights of its Falcon 9 and Falcon Heavy rockets. That reflects the change in fortunes since Musk fought in the courts and Congress for the right, eventually granted by the Defense Department, to compete with what the entrepreneur derided as the Lockheed-Boeing monopoly. Earlier: SpaceX Cleared to Loft US Spy Satellites Using Reusa Show less Read more
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