Skip to Content
Global News Select

Three Companies Get $877 Million Sounding Rocket Contract From Pentagon

By Stephen Nakrosis

 

The Pentagon on Friday said it awarded a contract for an Air Force sounding rocket program to Kratos Space & Missile Defense, Aerojet Rocketdyne Coleman Aerospace and Corvid Technologies.

The contract has a maximum ceiling of $877 million and a nine-year ordering period, the Pentagon said.

Sounding rockets carry payloads for scientific experiments and other missions. They spend less time in space and travel at lower speeds than some other rockets.

The contract "provides suborbital launch services and launch support services necessary to accomplish the Rocket Systems Launch Programs suborbital mission," the Pentagon said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 26, 2024 17:47 ET (22:47 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Market Updates

Sponsor Center