US defence and aerospace giant Lockheed Martin tipped more than $300 million into its bid for Defence’s military-grade satellite communications system before it was jettisoned, new documents show. Defence abandoned Phase One of the project known as JP9102 in November last year, replacing plans for a geo-stationary satellite with an alternative approach that relies on…
The post Defence giant left $300m out of pocket after satellite decision appeared first on InnovationAus.com.
This post was originally published on InnovationAus.com.