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Lockheed Martin Predicts GPS III Navigation Payload Delivery By Spring

Defense Daily Staff Defense Daily Staff
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Lockheed Martin [LMT] plans to receive the first Global Positioning System III (GPS III) satellite’s navigation payload this spring from payload developer Exelis [XLS] after originally forecasting delivery for early 2014. Lockheed Martin spokesman Chip Eschenfelder said Jan. 10 in an e-mail that navigation payload delivery delays have been driven by first time development and integration issues, including design changes to eliminate signal crosstalk, or interference. Eschenfelder said Lockheed Martin and Exelis are taking every step necessary to execute successfully and are rigorously…

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