U.S. government contract award announcements

SpaceX Saves U.S. Space Force $40 Billion, Gwynne Shotwell Highlights $22 Billion in Contracts

Nov 16, 2024, 04:59 PM

SpaceX has reportedly saved the U.S. Space Force over $40 billion through its competitive pricing and innovative approach to military launches. Gwynne Shotwell, SpaceX's President and COO, emphasized the company's success in securing $22 billion in government contracts by being the lowest price and best bidder. This achievement reflects SpaceX's capability to deliver quality products and services to the U.S. government. Former Joint Chiefs Vice Chair John Hyten acknowledged that SpaceX's fixed-price contracts disrupted traditional aerospace contractors such as Boeing and Lockheed Martin, leading to significant cost savings for American taxpayers.