Business

Lockheed’s Mid-Size Bus Set to Fly This Year

Image: Lockheed Martin

COLORADO SPRINGS, CO—Lockheed Martin is preparing to launch its medium-sized LM 400 bus before the end of the year in preparation for a few classified opportunities coming down the pipeline, Lockheed Space President Robert Lightfoot told a small group of reporters at Space Symposium.

Why LM 400? The company has a number of tech demos waiting for their time to fly, Lightfoot said. LM 400 is up next to allow the company to test and prove the bus in orbit ahead of at least three classified opportunities for which the bus could be a good fit, he said.

“I want to prove the concept of the LM 400 bus so that when I get a potential opportunity, which really the mission is more about the payload, the bus part is kind of behind me,” Lightfoot said Tuesday. “We believe when we look at some of the opportunities coming up, that that sized bus…is kind of a sweet spot.”

The bus, which initially was supposed to launch on a demo in early 2023, has a mass of 1,000 kg and is about the size of a refrigerator. 

To the skies: These sorts of tech demos are only possible because of the plummeting cost of launch, Lightfoot acknowledged when asked about his thoughts on capacity within the launch market. 

“I can go buy a launch. Ten years ago, I couldn’t have done that on my own,” he said. “Now, I can go to Firefly, I can go to ABL, I can go to Rocket Lab…. So there’s lots of opportunities I didn’t have before in my toolbox.” 

Sharing the wealth: Last week, NASA awarded a contract for a lunar terrain vehicle where Lockheed is contributing to a Lunar Outpost-led effort that also includes General Motors, Goodyear, and MDA Space. Lightfoot said he’s comfortable with Lockheed not always being the prime on a program, though he acknowledged it’s a cultural shift for the company.

“Sometimes the government will ask for a large investment, and some of these folks have better capability to go get those investments than we do as a publicly traded company,” he said. 

Related Stories
BusinessInternational

Canadian Companies Pitch Faster Pathway for the Defense Market

Space Canada, the country’s space industry advocacy group, released a 17-page position paper Wednesday suggesting ways in which Canada can speed up procurement, in line with global trends.

Business

L3Harris Sells Majority of Propulsion Business to AEI for $845M

In the first major transaction of 2026, L3Harris Technologies ($LHX) is shedding the bulk of its propulsion business—and Rocketdyne is so back.

BusinessExplainerLaunch

What to Expect in 2026

2025 was a transformative year for the global space industry. 2026 will be the year in which many long-term plans (hopefully) take first flight.

BusinessISAM

Space Forge Ignites Plasma in Space

On the last day of the year, the in-space manufacturing startup said it successfully generated plasma aboard its ForgeStar-1 craft in LEO. The manufacturing furnace aboard the sat reached temperatures north of 1,000°C, which is essential for the orbital semiconductor manufacturing that the company is hoping to achieve.