Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Pentagon Taps 12 Companies for Golden Dome SBI Tech

The Pentagon announced on Friday that it had tapped a dozen companies to build the space-based interceptor (SBI) component of the Golden Dome missile-defense system.  Though the awards were announced last week, SSC shared that the other transition authority (OTA) agreements were actually awarded late last year and early this year. The 20 awards to 12 companies are worth up to $3.2B combined. Context: President Donald Trump announced his intentio…

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion. The post Lockheed Martin Gets Golden Dome Opening as Profi…