Lockheed Wins $2.9 Billion Contract for US Missile Warning Satellites

A sign at the new Lockheed Martin Manufacturing Centre of Excellence is seen at the company's headquarters in Ampthill near Bedford, Britain June 9, 2016. Reuters/Peter Nicholls/File Photo

WASHINGTON—Lockheed Martin Corp has been awarded a U.S. Air Force contract worth up to $2.9 billion for three missile warning satellites, the Air Force said on Aug. 14.

Lockheed’s Next-Generation Overhead Persistent Infrared Satellites will provide improved missile warning capabilities that are more survivable against emerging threats than the current system, the Air Force said.