What Happened
Company Wins Multibillion Dollar Contracts for Satellite Networks
SpaceX is increasing its footprint in the missile defense sector with recent awards totaling $8.1 billion from the Space Force. The company will build the initial backbone of the Space Data Network and the initial constellation for the space-based Airborne Moving Target Indicator program. SpaceX’s Starshield business is also growing rapidly, with over $6 billion in multiyear awards for military communications and sensing networks. This development was reported by SpaceNews.