Defence revises up cost of scrapped satellite program


Defence has revised up its spending on a planned military-grade satellite communication system that was cancelled 18 months after Lockheed Martin was selected, putting the new cost at $102 million.

The department updated its sunk costs on the $7 billion project as it continues to investigate the narrow pool of staff with knowledge of the announcement before it was leaked to the media.

Defence cancelled the project last month …

Want to know how this story ends?

Become a subscriber for complete access to all stories on InnovationAus.com and our daily newsletter.

Already a member? Log in here

Do you know more? Contact James Riley via Email.

Related stories