Lockheed Martin Corp. (LMT) recently announced that it clinched a contract worth $2.27 billion to design and construct a spacecraft for the Geostationary Extended Observations (GeoXO) satellite program. The spacecraft will be delivered to the National Oceanic and Atmospheric Administration (“NOAA”). Details of the Deal Per the terms of the deal awarded by NASA, Lockheed will build three spacecraft, with the option of constructing additional spacecraft. The work related to this contract will be carried out i ...