AIR FORCE

Lockheed Martin wins $200M contract to produce two more GPS III satellites

Contract extends one awarded in February

Lockheed Martin has won more than $200 million in options with the Air Force to complete production of its fifth and sixth next-generation Global Positioning System satellites, or GPS III.

The GPS III program replaces GPS satellites in orbit while improving capability to meet the evolving demands of the military, commercial and civilian users.

The company won a contract in February to provide long lead parts for a second set of four GPS III space vehicles, and this new contract provides funding to complete the first two satellites in this order. Full production funding for the next two space vehicles is expected in 2014, the company said in a release.

“Lockheed Martin’s GPS III program has a rigorous testing plan and mission success focus aligned with the Air Force’s back-to-basics approach, and is specifically designed to enable predictable and affordable recurring production through disciplined development and early risk reduction,” said Mark Stewart, vice president of Lockheed Martin’s Navigation Systems mission area.

Lockheed is the prime contractor and has a team comprised of Exelis, General Dynamics, Infinity Systems Engineering, Honeywell, ATK and other subcontractors, the company said.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
 Top 100 Slideshow
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts