Air Force Opens New Competition for GPS III Satellites

Satellite
The U.S. Air Force has opened the door to more industry competition for the branch’s Global Positioning System III satellite program. A June 4 FedBizOpps post by the Air Force encourages contractors to submit ideas on production methods for 22 succeeding GPS III space vehicles and associated navigation payloads. Lockheed Martin (NYSE: LMT) is contracted to build eight satellites under the program...

Mark Stewart: Eight Lockheed GPS III Satellites ‘Now Fully Under Contract’

GPS III
Lockheed Martin (NYSE: LMT) will work to complete production of GPS III satellites seven and eight for the U.S. Air Force under nearly $245 million in contract options. “With eight GPS III satellites now fully under contract, the GPS III program is moving from development into recurring production,” Mark Stewart, vice president of Lockheed’s navigation systems mission area, said Tuesday. The...

Lockheed Awarded $200M to Finish GPS IIIs Satellites Five, Six

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Lockheed Martin (NYSE: LMT) has been awarded $200 million in contract options to complete production work on two GPS satellites the company is building for the Air Force. These funds cover work to finish GPS III satellites five and six and the company could receive full production funding for vehicles seven and eight next year, Lockheed said Monday. In February, the Air Force awarded 0 million to acquire...

Lockheed Wins $120M For AF GPS Long-Lead Parts; Keoki Jackson Comments

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Lockheed Martin (NYSE: LMT) has won two contracts worth $120 million combined to acquire long-lead parts for four U.S. Air Force GPS satellites. These contracts cover satellites five through eight for the 32-satellite GPS III program and the company is contracted to produce the first four satellites, the company said Monday. Lockheed’s subcontractors for the project include ITT Exelis (NYSE:...

Lockheed Wins $68M For AF GPS III Launch Services

Lockheed Image Lockheed Martin Corp. (NYSE: LMT) has won a $68 million contract to provide space vehicle launch support services to the U.S. Air Force, the company announced Thursday. The Bethesda, Md.-based defense and technology firm will provide mission readiness, launch, early orbit checkout and on-orbit operations engineering for the Air Force’s first two GPS III satellites. Lockheed will...

Lockheed Wins $68M For GPS III Satellite R&D

NASA Image Lockheed Martin Corp. (NYSE: LMT) has won a $67,961,418 contract to provide space engineering services to the U.S. Air Force, the Defense Department announced Friday. The Bethesda, Md.-based company will provide on-orbit research and development in support of GPS III space vehicles one and two. Work under the cost-plus-fixed-fee contract will occur in Newton, Pa. and the Pentagon expects...

Lockheed Wins $238M to Produce GPS III Space Vehicles

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) space systems company a 8,489,236 contract to begin production of GPS III Space Vehicles three and four, the Pentagon announced Wednesday. The space vehicles will offer increased m-code anti-jam capabilities while enabling full earth coverage, according to an Air Force document. Work will be performed in Newtown, Pa. and is expected...