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ELON MUSK'S SPACEX HAS LANDED A $96.5 MILLION CONTRACT TO LAUNCH A MILITARY SATELLITE

ELON MUSK'S SPACEX HAS LANDED A $96.5 MILLION CONTRACT TO LAUNCH A MILITARY SATELLITE Elon Musk's SpaceX has a new mission: Launch a military satellite into orbit. The U.S. Air Force announced Tuesday that it had awarded the company — a relative newcomer to military space launches — a $96.5 million dollar contract to support the launch of a next generation global positioning system satellite called GPS III. SpaceX beat out another contractor for the work, according to a Department of Defense press release, and will provide "launch vehicle production, mission integration, launch operations, spaceflight worthiness and mission unique activities for a GPS III mission."   More



(Source: CNBC - Mar 15)

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