Posted: Wed, Jun 4, 2014, 6:59 AM ET (1059 GMT)
The US Air Force has awarded a $914-million contract to Lockheed Martin to develop a new radar system to track satellites and orbital debris. Lockheed Martin will build "up to two" S-band radars, the first of which will be installed at Kwajalein Atoll in the Pacific Ocean and scheduled to begin operations in 2018. The radars will track objects in orbit to support space situational awareness efforts, including predicting potential collisions, and will be able to better track smaller objects than existing systems. Lockheed beat out Raytheon for the contract.

Related Links:

•  Space News article
•  Wall Street Journal article
•  Air Force Times article
•  Reuters article
•  Lockheed Martin press release