GPS Block III Contracts
The U.S. Air Force has awarded two $50 million contracts to Boeing and Lockheed Martin to execute a system design review for the next-generation GPS space segment program, GPS Block III.
The contracts come on the heels of both companies successfully completing system requirements reviews in November 2006. Those reviews, part of a $10 million follow-on order to a Phase A Concept Development Contract awarded in 2004, assessed Boeing’s and Lockheed’s ability to mitigate development and delivery risks associated with building the Block III satellites.
By Inside GNSS