Jun 12 2002

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NASA announced the extension of its existing six-year contract with Lockheed Martin Space Systems to build 35 super-lightweight external tanks for the Space Shuttle program. The modified agreement extended the contract to September 2008, adding US$341 million to the original contract of US$1.15 billion, which NASA had awarded to Lockheed Martin in October 2000. Under the contract, Lockheed Martin would construct, test, and deliver the tanks; maintain and operate NASA's Michoud Assembly Facility in New Orleans; and provide services at NASA's KSC and its MSFC. Furthermore, under the terms of the extension, Lockheed Martin agreed to provide at least six tanks per year, instead of the eight tanks per year stipulated in the original agreement. (NASA, “NASA Extends Shuttle External Tank Contract with Lockheed Martin to September 2008,” news release c02-m, 12 June 2002.)

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