Australia Cancels Military Satellite Project
This is a Australia news story, published by Yahoo Finance, that relates primarily to Lockheed Martin Australia news.
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Australian Broadcasting CorporationReuters
•Australia cancels Lockheed Martin military satellite project
81% Informative
Lockheed Martin Australia was announced as the preferred tenderer last year for the Geostationary Earth Orbit ( GEO ) satellite communications system.
The project was to deliver Australia ’s first sovereign-controlled satellite communication system over the Indo-Pacific ocean regions.
Defence said Australia would instead prioritise a multi-orbit capability to increase resilience for the Australian Defence Force .
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