Orbital Joins Lockheed Martin-Led Crew Exploration Vehicle Team BusinessWire

Orbital Sciences Corporation (NYSE: ORB – News) announced today that it has joined a Lockheed Martin (NYSE: LMT – News) led “all-star” team of aerospace industry innovators competing to design and build NASA’s new Crew Exploration Vehicle (CEV). Orbital’s teaming agreement with Lockheed Martin continues the company’s history as a key participant in the development of a next-generation human space transportation system. In chronological order, Orbital has contributed to NASA’s Space Transportation Architecture Studies, the Space Launch Initiative, and, most recently, the Orbital Space Plane program, all of which have led to the decision by NASA to develop and build the CEV.