Lockheed Martin Commercial Space Systems will build Vietnam's Vinasat 2 telecommunications satellite under a contract signed May 11 with the Vietnam Post and Telecommunications Group (VNPT), VNPT announced.rnFinancial terms were not disclosed, but VNPT has said that it expects the Vinasat 2 project, including the satellite's launch and insurance, to cost around $300 million. Sunnyvale, Calif.-based Lockheed Martin also is responsible for selecting the launch services provider and insuring the satellite's launch under the in-orbit delivery contract, VNPT said.
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