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Lockheed Martin gets $200m for more GPS III satellites

by GPS4US 2013-12-18 13:03

Building the new wave of GPS satellites is a pretty lucrative business.

Lockheed Martin received a $200 million contract from the U.S. Air Force this week to build the fifth
and sixth satellites in the GPS III project, which will replace the original GPS satellites orbiting
the earth.

Lockheed already won the contract to build the first four satellites, and a $120 million reward in
February 2013 allowed them to build long-lead parts for another set of satellites.

In this case, newer is better.  The GPS III satellites will be three times more accurate, eight times
better jamming capabilities and a 25 percent longer spacecraft life than the original satellites,
Lockheed said.

Plus, GPS III will be interoperable with other international global navigations satellite systems.

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