WASHINGTON, May 29 (Reuters) - The Pentagon:
* Says Air Force awards Lockheed Martin Corp $1.49 billion contract for satellite on cost-plus fixed fee basis.
* Says contract is for 3rd Space Based Infrared Systems Geosynchronous Earth Orbit satellite, its payload and the modification of ground systems to handle the operations of three payloads simultaneously.
* Says $1.12 billion has been obligated at this time for the contract.
(Reporting by Julie Vorman; Company news desk in Washington; +1 202 898 8400, washington.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Says Air Force awards Lockheed Martin Corp $1.49 billion contract for satellite on cost-plus fixed fee basis.
* Says contract is for 3rd Space Based Infrared Systems Geosynchronous Earth Orbit satellite, its payload and the modification of ground systems to handle the operations of three payloads simultaneously.
* Says $1.12 billion has been obligated at this time for the contract.
(Reporting by Julie Vorman; Company news desk in Washington; +1 202 898 8400, washington.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.