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USAF terminates $2 billion satellite contract with Lockheed Martin

  • 12:00 AM, June 9, 2009
  • 1800
The U.S. Air Force is terminating for convenience the Transformational Satellite Communications System Mission Operations System contract with Lockheed Martin Information Systems and Global Services of San Jose, Calif., for $2,020,430,440. The contract termination is a result of the Department of Defense cancelling the TSAT Program in accordance with the priorities of the FY10 President’s Budget. The Air Force is terminating for convenience the Transformational Satellite Communications Systems Engineering and Integration contract with Booz Allen Hamilton, Inc., of McLean, Va., for $20,802,224. The contract termination is a result of the Department of Defense cancelling the TSAT Program in accordance with the priorities of the FY10 President’s Budget.
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