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Air Force Taps Boeing, Lockheed, Northrop for GPS III Phase 1 Readiness Assessment Contracts

GPS IIITYSONS CORNER, VA, May 9, 2016 — The U.S. Air Force has awarded Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) potential $6 million contracts to conduct feasibility studies on the production readiness of future GPS III satellites, ExecutiveBiz reported Friday.

The Space and Missile Systems Center at Los Angeles Air Force Base reported Thursday that the phase 1 contracts cover assessments on GPS III space vehicles 11 and above in preparation for the phase 2 competition.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

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David Smith
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