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 U.S. military conducted strikes on Iranian targets around the Strait of Hormuz on May 7, as the conflict with Iran flared up again—though officials say the ceasefire remains in effect.