[SatNews] The Company is going to assist the MDA with their technologies for ballistic missile tracking... from space...

Lockheed Martin (NYSE: LMT) is leveraging its satellite and missile defense expertise on the Manufacturing and Production Readiness Integrated Systems Engineering Team for the Precision Tracking Space System (PTSS). PTSS will provide the U.S. Missile Defense Agency (MDA) with a space-based system for post-boost tracking of ballistic missile threats in a global infrastructure. Johns Hopkins University Applied Physics Laboratory awarded Lockheed Martin Space Systems a contract in February for $1.2 million covering a 24-month period of performance. Lockheed Martin participated in the PTSS system requirements review, which was completed in March. Johns Hopkins University Applied Physics Laboratory is leading the Manufacturing and Production Readiness Integrated Systems Engineering Team, which is comprised of government, national laboratories and industry participants. Following the current prototype phase, the MDA has announced that it plans to competitively select one contractor for system development and production of an operational PTSS, consisting of nine to 12 spacecraft with associated ground control and processing equipment.