Elon Musk’s SpaceX wins two $159 mn contracts from the US Pentagon

Elon Musk’s SpaceX has signed two contracts with the Pentagon worth $159 mn. The American aerospace manufacturer will be launching a special spacecraft for the US military by the fourth quarter of FY2023 as per a statement released by the Department of Defence (DoD). The contracts will be financed annually at a fixed cost.

An official communication by DoD said, “Space Exploration Technologies Corp (SpaceX), Hawthorne, California, has been awarded two individual firm-fixed-price task orders, totalling $159,721,445 under the National Security Space Launch Phase 2 contract.” SpaceX will be launching USSF-36 in integration with the National Reconnaissance Office’s NROL-69 payload.

Essentially, Elon Musk’s company will be building missile-tracking satellites for the DoD. “Fiscal 2021 missile and space procurement funds in the full amount are being obligated at the time of the award. Space and Missile Systems Centre, Los Angeles Air Force Base, California, is the contracting activity,” it added.

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