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Lockheed Martin Beats Boeing For $1.463 Billion Air Force GPS III Contract

DDN

Thursday, May 22nd, 2008

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The Air Force gave Lockheed Martin [LMT] the coveted GPS III next-generation military-civilian navigation-satellites contract over Boeing [BA], the Pentagon said recently. That pact is worth $1.463 billion. The new constellation of satellites will be acquired in three blocks: GPS IIIA, GPS IIIB and GPS IIIC, according to the Pentagon. "GPA IIIA will evolve existing capabilities, introduce a new L1C civil signal, increase Earth coverage M-Code power for authorized military users, provide a graceful growth path to achieve full capabilities…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

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Congress

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Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

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Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

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