Lockheed Martin wins order for GPS 3 satellites
Posted: Sun, Sep 16, 2018, 10:38 AM ET (1438 GMT)
The Air Force has awarded a contract worth $7.2 billion to Lockheed Martin to produce the next batch of GPS 3 satellites. The contract, announced Friday, covers 22 GPS 3 follow-on, or GPS 3F, satellites to be built for launch starting in 2026. Lockheed Martin won a contract for the first 10 in 2008, and was the only company to compete for the next set of satellites after Boeing and Northrop Grumman declined to bid.
The Air Force has awarded a contract worth $7.2 billion to Lockheed Martin to produce the next batch of GPS 3 satellites. The contract, announced Friday, covers 22 GPS 3 follow-on, or GPS 3F, satellites to be built for launch starting in 2026. Lockheed Martin won a contract for the first 10 in 2008, and was the only company to compete for the next set of satellites after Boeing and Northrop Grumman declined to bid.
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