Sunday, November 8, 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

U.S. payrolls increased by 178,000 in March, while unemployment remains at 4.3%
News

October jobs report smashes estimates, adding 165,000

Elon Musk loses reinstatement bid for $56 billion pay package
News

Midterms see Tesla and SpaceX lose over $420 billion in combined market cap

Airbnb rises on revenue win, strong Q3 outlook
News

Airbnb shares jump 12% on upbeat outlook

Visa and Mastercard to ramp up merchant fees
News

Visa forecasts U.S. holiday spending to rise 4.5% 

ConocoPhillips to buy Marathon Oil
News

ConocoPhillips CEO raises dividend after Q3 results

Tripadvisor CEO to step down
News

Tripadvisor CEO to step down

McDonald’s announces Skye Anderson as new U.S. Regional President
News

McDonald’s posts impressive Q3, despite U.S. sales decline

Democrats win control of Congress with economic agenda set to target tariffs
News

Democrats win control of Congress with economic agenda set to target tariffs

CVS posts first earnings report since replacing CEO
News

CVS to split off drugstore business

Apple may launch foldable iPhone by 2026, marking major design revamp
News

Apple shares fall 4% after new CEO delivers first earnings report

No Result
View All Result

Recent Posts

  • October jobs report smashes estimates, adding 165,000
  • Midterms see Tesla and SpaceX lose over $420 billion in combined market cap
  • The friction-free design principles at the heart of Japan’s busiest cities
  • Spain’s secret art island
  • How to Fall Asleep in 10, 60, or 120 Seconds

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.