Elon Musk's SpaceX has reportedly won a high-profile NASA contract to land astronauts on the moon, beating out a number of deep-pocketed competitors to win the deal.
The contract, worth $2.9 billion, was first reported by The Washington Post.
Last year NASA awarded nearly $1 billion to SpaceX, Jeff Bezos' Blue Origin, and Leidos Holdings (NYSE:LDOS) subsidiary Dynetics to design and build landing systems for the space agency's Artemis program. Blue Origin had partnered with two of the largest defense contractors, Lockheed Martin (NYSE:LMT) and Northrop Grumman (NYSE:NOC), on its bid.
NASA had been expected to pick two winners in an effort to ensure redundancy, but according to the Post, SpaceX was the only winning bidder. If so, SpaceX will be the contractor that returns astronauts to the moon for the first time since a 1972 Apollo mission.
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