Orbital Sciences Corporation ORB
today announced that it was recently awarded a production contract for seven
Coyote supersonic sea-skimming target (SSST) vehicles and related equipment by
the U.S. Navy. The latest order for Orbital's Coyote target program is in
addition to existing production contracts for the Mach 2.5-capable,
low-altitude target missile used by the Navy to test fleet self-defense
systems against a threat-representative target. This latest SSST order is the
sixth full-rate production contract following a highly successful five-year
development and flight test program. The total value of the new contract is
$26.4 million.
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