New NASA cooperation pushes Virgin Galactic stock to new heights
The cooperation will include flight and integration services for both parties.
NASA announced that it has selected Virgin Galactic (NYSE: SPCE) and Masten Space Systems to provide flight and integration services for payloads selected by the agency's aviation opportunities program, run by the agency's Armstrong Flight Research Center in Edwards, California, is administered. The two companies join forces with four others to provide unlimited delivery / unlimited quantity services under commercial contracts with NASA. The new IDIQ basic contract award runs until July 31, 2023 and has no options.