The Space and Missile Systems Center recently completed negotiations on the Lockheed Martin Space Systems Company’s Space Based Infrared System Technical Refresh proposal and awarded the contract modification today. The effort will modernize the Geosynchronous Earth Orbiting spacecraft for the fifth and sixth satellites at no additional cost to the contract, originally awarded in June 2014. This modernization effort builds upon the cost savings achieved from the innovative block-buy contracting approach and a range of production and management efficiencies that resulted in more than $1 billion of savings.
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