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Lockheed gets $395 million GPS III Space Vehicle contract modification

by Geoff Ziezulewicz Washington (UPI) Sep 22, 2016 UPI

Lockheed Martin Space Systems has been awarded a $395 million U.S. Air Force contract modification for work on the GPS III Space Vehicle program.

The deal covers space vehicles 9 and 10.

Work will be performed in Colorado. The expected completion date is August 2022.

The Space and Missile Systems Center is the contracting activity.

The GPS III program is the service's next-generation satellite system, improving position, navigation and timing services while providing advanced anti-jam capabilities and offering superior system security, accuracy and reliability.

A modular design will allow for easier insertion of future technologies into the production line.

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