Rick Ambrose, executive vice president of Lockheed Martin‘s space systems unit, said the company looks to expand its commercial satellite business and aims for up toÂ three commercial deals annuallyÂ in an interview withÂ Via Satellite posted Wednesday.
“[There] are a couple of areas we have been focused on,” AmbroseÂ toldÂ Via Satellite in an exclusive interview.
“Firstly, we have been doing some modernization technology insertion on our A2100 satellite bus… Secondly, we want to transform the infrastructure.”
He noted thatÂ Lockheed continues to work on cuts inÂ costs and cycle times, investments in research and development and moreÂ capacity and throughput to meet client needs amid the current economic conditions.
“I think two to three [commercial contracts a year] is rational when you look at the numbers,” Ambrose said.
“Because we are using the same systems and tools we are using for government customers, we can be profitable at those numbers.”