Lockheed Martin Wins $491 Million Contract For Third AEHF Satellite.

By Michael Sirak

The Air Force let a $491 million production contract last month to Lockheed Martin [LMT] for the third, and likely final, Advanced Extremely High Frequency (EHF) communications satellite, the company said.

"This production contract reflects the Air Force's strong commitment to providing the warfighter with assured communications connectivity," said Julie Sattler, Lockheed Martin's Advanced EHF program vice president, in a statement. "The team is completely focused on achieving mission success on this vital program and we look forward to delivering this critical capability to our customer."

Advanced EHF satellites will replace …