NASA gives SpaceX the privilege of crashing the ISS into the sea [Yahoo! Finance Canada]
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance Canada
· SpaceX just won a $843 million contract to, basically, crash the International Space Station (ISS) into the sea. It's part of a NASA program to safely deorbit the ISS within the next ten years. The ISS has been continuously operating since 1998 and, like all things, has been aging. The space station is due to end its orbital tenure in or around 2030. However, NASA doesn't want the whole thing just careening into Earth's atmosphere, throwing dangerous junk everywhere like season two of Breaking Bad . The agency wants a nice and controlled re-entry. That's where SpaceX comes in. According to the terms of the contract, SpaceX will develop a spacecraft called the “US Deorbit Vehicle” to safely bring the ISS back to Earth without any undue risk to population centers. SpaceX's rocket will guide it into the Pacific Ocean, where it can bother a bunch of fish and not humans. ADVERTISEMENT The ISS isn't heading to just any part of the Pacific Ocean. It's going to the spookily-namd
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 6/24/24 - Form 11-K
- 6/24/24 - Form 11-K
- 6/24/24 - Form 11-K
- LMT's page on the SEC website