NASA on Tuesday tapped Lockheed Martin Corp. to build a constellation of weather satellites, beating out competing bids from Boeing Co. and Northrop Grumman Corp.
The contract calls for two satellites with options for two more, with a total potential value of $1.09 billion.
Boeing's El Segundo satellite facility and Northrop's Redondo Beach-based Space Technology sector had competed separately for the lucrative government contract.
The satellite program is known as Geostationary Operational Environmental Satellite R-Series, or GOES-R.
Data from the satellites will provide real-time weather forecast and early warning information to the public and private sectors.
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