Sunday, October 25, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO NA Magazine > News > Pentagon to Invest $1.8 Billion in Satellites for Internet

Pentagon to Invest $1.8 Billion in Satellites for Internet

in News
Pentagon to Invest $1.8 Billion in Satellites for Internet
Share on LinkedinShare on WhatsApp

Publically traded Aerospace giants Lockheed Martin and Northrop Grumman will share $1.8 billion in contracts for a satellite-based military communications network together with private together with York Space.

Mirroring efforts such as Elon Musk’s Starlink the Pentagon is aiming to create its own mesh network of low-orbit satellites. The first contracts for these satellites were awarded in 2020 to Lockheed and York for 10 satellites each to be launched later in 2022.

The contracts announced on Monday are for 126 satellites which will comprise the Pentagon’s Space Development Agency’s Transport Layer Tranch 1. Each company will build 42 of the satellites, though Lockheed martin won $700 million worth of contracts, Northrop Grumman $692 million and York $382 million.

The Transport Layer network is an effort by the Pentagon to build a satellite-based internet system. The contracts for Tranch 1 require delivery in 2024.

Tags: pentagonsatellitesspace defense

Related Posts

Apple releases invites for September press event
News

Apple’s foldable iPhone hits stores at $2,000

Volvo Cars reports new global sales record
News

Volvo Cars plunges 26% amid China sales slump

American Express announces record earnings
News

Amex plans to cut 5% of workforce

LSEG to buy Octus in $3.5 billion deal
News

LSEG to buy Octus in $3.5 billion deal

Barclays announces $670 million share buyback, increases outlook
News

Barclays to cut global workforce by 5,000 jobs

At Nestlé, the supply chain mission hasn’t changed—but the world has
News

Nestlé beats Q3 estimates amid ‘challenging’ market

Musk takes to X to debate SEC demands
News

SpaceX jumps 8% after earnings beat

Tariff Impact Analysis: Critical Components
News

Trump urges data centers to “make deals” to gain community support 

Netflix nixes DVD rental subscriptions
News

Netflix stock slips following weak Q4 outlook

Qualcomm to ax 1200 California staffers
News

Qualcomm CEO announces global job cuts

No Result
View All Result

Recent Posts

  • Apple’s foldable iPhone hits stores at $2,000
  • Volvo Cars plunges 26% amid China sales slump
  • Amex plans to cut 5% of workforce
  • How to shop for perfume in Paris like a Parisian
  • Why ‘Binge-Watching’ That TV Show Now May Affect Your Brain Later

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 2125 9933 0330

UK
Collingwood Buildings,
38 Collingwood Street,
Newcastle Upon Tyne
NE1 1JF

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 2125 9933 0330

UK
Collingwood Buildings,
38 Collingwood Street,
Newcastle Upon Tyne
NE1 1JF

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.