Golden Dome Era: Contracts Commence on SDA for LHX & Space Co

研报英文原文证据摘录

Golden Dome Era: Contracts Commence on SDA for LHX & Space Co

USA | Aerospace & Defense Electronics EquityJulyResearch13, 2026

Golden Dome Era: Contracts Commence on SDA

for LHX & Space Co

On 7/13, the SDA announced the award of two agreements worth $1.75BB to

procure 36 Accelerated Missile Defense Tranche 3 (AMDT3) satellites as part

of the Tracking Layer within PWSA. LHX was awarded ~$955MM to deliver

18 missile defense variant satellites, while a separate satellite manufacturer

received ~$798MM to provide 18 missile warning and tracking satellites. The

contract starts $s flowing for Golden Dome & provides tracking for hypersonic

missiles.

JEF Take: SDA Award comes in w/ a name change. Hypersonic and Ballistic Tracking Space Sensor

(HBTSS) is now known as Accelerated Missile Defense Tranche 3 (AMDT3) satellites. The total

award for $1.75BB is w/ two contracts w/ LHX at $955MM and each contractor at 18 sats (as

expected). The contract starts $s flowing for Golden Dome and provides tracking for hypersonic

missiles which can be difficult to track given speed, direction and proximity to ground. For LHX, the

value per sat is $53MM driven by efficiencies and requirements. LHX will manufacturer in Indiana

and FL sites.

SDA Awards $1.75BB AMDT3 Contracts For 36 Satellites. The SDA awarded two agreements

worth $1.75BB to procure 36 Accelerated Missile Defense Tranche 3 (AMDT3) satellites (formerly

known as HBTSS) as part of the Tracking Layer within the Proliferated Warfighter Space

Architecture (PWSA). The contracts cover 18 missile warning and tracking satellites and 18 missile

defense satellites, distributed across four orbital planes, w/ launch readiness expected by the end of

2028. LHX was awarded ~$955MM to deliver 18 missile defense variant satellites, while a separate