Australia cancels its multi-billion dollar military satellite project with Lockheed Martin to enhance space capabilities.

Australia has canceled its multi-billion dollar military satellite project with Lockheed Martin, originally aimed at developing a Geostationary Earth Orbit (GEO) communication system. The Department of Defence cited evolving space technologies and threats as reasons for the shift to a multi-orbit capability, which is deemed more resilient. Despite the project's cancellation, Australia plans to allocate A$9-12 billion for enhanced space capabilities, maintaining Lockheed Martin as a partner.

November 04, 2024
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