Source – UPI:

Lockheed submits Space Fence proposal

Published: Nov. 14, 2012 at 2:36 PM

MOORESTOWN, N.J., Nov. 14 (UPI) — Lockheed Martin has given the U.S. Air Force its final proposal for a contract to build Space Fence, a radar system to identify and track orbital objects.

The Air Force plans to begin construction of the first Space Fence site next year in the Marshall Islands.

The seven-year contract it will award for the advanced radar system would be worth an estimated $1.9 billion. . . . [Full Story]