Millennium Space Systems Completes FOO Fighter Critical Design Review in Just 10 Months
Rhea-AI Summary
Millennium Space Systems, a Boeing [NYSE: BA] subsidiary, has completed the critical design review (CDR) for its FOO Fighter program in just 10 months after receiving authorization. The program aims to demonstrate advanced missile defense capability through a prototype constellation with fire control-quality sensors.
The completion of CDR signals the transition to the production phase, which involves delivering a constellation of eight satellites with a ground system in 2026. The project, developed in collaboration with L3 for the Space Development Agency, will be operated by Millennium once in orbit.
Positive
- Rapid completion of critical design review (CDR) in 10 months demonstrates operational efficiency
- Secured contract for 8-satellite constellation system with Space Development Agency
- Project advances Boeing's presence in missile defense technology sector
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BA gained 1.66%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"Meeting rapid timelines is essential to ensuring we deliver mission capabilities when needed," said Doug Hulse, portfolio lead, Millennium Space Systems. "Completing the FOO Fighter critical design review in just 10 months highlights the efficiency and determination of our team. Our focus is always on providing the warfighter with the tools they need, and this achievement underscores our commitment to delivering mission requirements on time."
FOO Fighter will demonstrate advanced missile defense capability by incorporating fire control-quality sensors into a prototype constellation.
"We are thrilled to be working for the Space Development Agency to deliver the FOO Fighter Program and helping pave a new era in the industry, " said Tony Gingiss, CEO, Millennium Space Systems. "This collaboration with L3 is a testament to what can be achieved when industry leaders come together to push the limits of what's possible."
The successful completion of CDR marks the transition to the production phase of the program, which includes delivering a constellation of eight satellites with a ground system in 2026. Millennium will perform mission operations once in orbit.
About Millennium Space Systems
Millennium Space Systems, a Boeing Company, is a small satellite prime, delivering high-performance constellation solutions for National Security Space. Founded in 2001, the company's active production lines and
Media Contact
Michael Atchue, Communications Manager
E-mail: michael.atchue@millennium-space.com
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SOURCE Millennium Space Systems