AIR FORCE

Lockheed awarded $395M in options to produce two more GPS III satellites

Lockheed Martin has been awarded $395 million in contract options by the Air Force to produce the ninth and tenth Global Positioning System III satellite.

Lockheed Martin said in a release that GPS III satellites will deliver three times better accuracy, provide up to eight times improved anti-jamming capabilities and extend spacecraft life to 15 years, 25 percent longer than any GPS satellites on orbit today.

The first eight GPS III satellites are in production at the company’s GPS III processing facility near Denver, Colo. The first is scheduled to be delivered later this year, Lockheed Martin said.

The contract includes funding for both long-lead items and full production for the next two space vehicles (SVs) in the Air Force’s next generation GPS III constellation. The first eight GPS III satellites are already under contract and in production at Lockheed Martin’s GPS III Processing Facility outside of Denver.

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

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. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.