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Air Force Nears Final RFP For GPS III Follow-On Production

The final request for proposals for building the next batch of Global Positioning System (GPS) III satellites will be released on or near Dec. 7, the U.S. Air Force announced the week of Nov. 19.The Air Force had previously indicated that it would issue the final RFP for “follow-on production” sometime in the current quarter. The service released the draft RFP in July.While Lockheed Martin [LMT] is building the initial 10 GPS III satellites, the program has experienced cost overruns, schedule delays and technical…

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