
The Air Force has declared the second GPS III satellite complete, tested and ready to launch, the system's manufacturer Lockheed Martin [LMT] said Tuesday.Having the second GPS III satellite accepted by the Air Force indicates "strong momentum" for the program, which will modernize the current constellation of GPS satellites with advanced capabilities, said Johnathan Caldwell, Lockheed's program manager for Navigation Systems in an emailed statement.The company is on contract to build 10 satellites under the GPS III contract, Caldwell said.…