Lockheed Delivers Key Sat Components: The Lockheed Martin-led team has completed a critical payload subsystem and software for the first geosynchronous orbit satellite of the Space Based Infrared System, according to Lockheed officials. The SBIRS GEO 1 satellite is scheduled to launch in Fiscal 2008. Lockheed expects to have the completed payload delivered to its Sunnyvale, Calif., facility in 2007.
The Air Force budget would grow to $234 billion while Space Force spending would shrink to $26 billion under the White House's yearly ask.