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Tag Archives: GPS III Follow-on

Lockheed Gets $7.2B Air Force Follow-On Contract for GPS III Satellites

Lockheed Martin (NYSE: LMT) has secured a potential $7.2B follow-on contract from the U.S. Air Force to build an additional 22 GPS III satellites. The service said Friday it expects the initial GPS IIIF satellite to be available for liftoff by 2026 under the fixed-price contract. “Getting to a manufacturing …

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Lockheed Submits Proposal for Follow-On Air Force GPS III Satellites

TYSONS CORNER, VA, April 19, 2018 — Lockheed Martin (NYSE: LMT) has submitted its bid for the U.S. Air Force’s GPS III Follow On program aimed at developing up to 22 next-generation GPS satellites with anti-jamming capabilities, ExecutiveBiz reported Wednesday. The company said Tuesday its proposed GPS III platform includes …

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