Sierra Space Gets $740 Million Satellite Contract from U.S. Space Force
17 January 2024 - 7:12AM
Dow Jones News
By Dean Seal
Sierra Space has won a $740 million contract by the U.S. Space
Force's Space Development Agency for 18 satellites.
The commercial space company said Tuesday that the contract was
awarded for the design, production, delivery, operation and
sustainment of 16 missile warnings and tracking satellites, and two
satellites for missile defense and fire control. The contract also
includes two operational ground segments.
The satellites are for the portion of the agency's proliferated
space warfighting architecture, called Tranche 2 Tracking Layer,
which is part of the Department of Defense's Low Earth Orbit
Constellation.
The agreement includes a $20 million incentive payment for
on-time delivery.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 16, 2024 14:57 ET (19:57 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.