SpaceX wins bid to fly classified military satellite on Falcon Heavy

SpaceX has won a $130 million contract to send a classified Air Force satellite to space on its monster Falcon Heavy rocket. The satellite, known as AFSPC-52, is scheduled to launch in 2020. SpaceX beat out the United Launch Alliance, the joint venture between Boeing and Lockheed Martin, which was angling to use its own heavy-lift Delta 4 rocket to send the military satellite to space.

One of the goals of pitting companies against each other for contracts like these is to reduce costs for...

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