City
Epaper

Musk’s SpaceX wins $733 million launch contract from US Space Force

By IANS | Updated: October 19, 2024 10:40 IST

Washington, Oct 19 Elon Musk-run SpaceX has won a $733 million, eight-launch contract from the US Space Force....

Open in App

Washington, Oct 19 Elon Musk-run SpaceX has won a $733 million, eight-launch contract from the US Space Force.

The US Space Force’s Space Systems Command issued Launch Service Task Orders (LSTOs) totalling $733,566,001 to SpaceX under the “National Security Space Launch Phase 3 Lane 1.”

“In this era of Great Power Competition, it is imperative to not leave capability on the ground,” said Brigadier Gen Kristin Panzenhagen, programme executive officer for Assured Access to Space.

“The Phase 3 Lane 1 construct allows us to execute launch services more quickly for the more risk-tolerant payloads, putting more capabilities on orbit faster in order to support national security,” he said in a statement.

The Space Force’s award to SpaceX includes seven launches for the Space Development Agency and one for the National Reconnaissance Office, to occur no earlier than 2026.

“We are excited to kick off our innovative NSSL Phase 3 Lane 1 effort with two task orders that support critical NRO and SDA missions,” said Lt Col Douglas Downs, SSC’s materiel leader for Space Launch Procurement.

“Industry stepped up to the plate and delivered on this competition. Our innovative dual-lane strategy is enabling a streamlined process from mission acquisition to launch, getting our assets on orbit for our warfighters’ benefit more quickly. Plus, with the ability to on-ramp new providers and systems annually, we expect to see increasing competition and diversity,” Downs mentioned.

The Phase 3 Lane 1 award period is from fiscal year 2025 to fiscal year 2029, with the potential for a five-year extension.

Space Systems Command is the US Space Force’s field command responsible for acquiring and delivering resilient war fighting capabilities to protect the nation’s strategic advantage in, from, and to space.

SSC manages a $15.6 billion space acquisition budget for the Department of Defence, and works in partnership with joint forces, industry, government agencies, and academic organisations.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentAnees Bazmee ventures into Marathi cinema, backs ‘Jarann’ starring Amruta Subhash

NationalIs Rahul Gandhi ‘jealous’ of Shashi Tharoor, asks BJP leader Amit Malviya

NationalLiquor 'scam': ED questions TASMAC MD for second consecutive day

Cricket"Indeed very heart-touching moment for me": Sachin Tendulkar after inauguration of SRT 100

NationalBengaluru Crime: Man Allegedly Rams Car Into Techie for Refusing Him to Give Cigarette, Arrested

Technology Realted Stories

TechnologyHigh blood pressure? Dark chocolate, tea may help, says study

TechnologyCentre to launch digital platform for e-filing in trade remedy investigations

TechnologyIndia to showcase power sector achievements at BRICS energy ministers’ meet

TechnologyBetter air, green spaces and urban environment can prevent 1 in 10 asthma cases: Study

TechnologyDPIIT, GEAPP partner to boost opportunities for clean energy startups in India: Official