The US Space Force has awarded SpaceX a $4.16 billion contract to develop a space-based radar constellation for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program. This initiative aims to enhance the Joint Force's ability to track airborne targets from orbit, providing persistent battlespace awareness over contested airspace. The constellation is expected to be operational by 2028. This contract follows a recent $2.29 billion award to SpaceX for the Space Data Network, positioning the company at the forefront of the Pentagon's space architecture for sensing and communications. These significant defense contracts are likely to bolster SpaceX's market narrative as it considers a potential IPO, highlighting its expanding role in military-grade infrastructure beyond launch services.