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Published in TZ Latest News 29 September, 2015 by The TZ Newswire Staff

Lockheed-Boeing launch venture wins $882 million U.S. contract

United Launch Alliance, a joint venture of Lockheed Martin Corp (LMT.N) and Boeing Co (BA.N), has won an $882 million contract to continue launching satellites for the U.S. Air Force with its Delta IV and Atlas V rockets, the Pentagon said Tuesday. The U.S. Defense Department said the contract covers launch capability, mission integration, base and range support, maintenance, depreciation on equipment, mission assurance, program management, systems engineering, and launch site and range operations during fiscal year 2016, which begins Oct. 1.

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