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Lockheed Martin/ULA Study Estimates $50 Million In GPS III Dual Launch Savings

Tuesday, June 5th, 2012

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Lockheed Martin [LMT] said recently a joint study conducted with United Launch Alliance (ULA) estimates the Air Force could save $50 million per Global Positioning System (GPS) III spacecraft launch by using dual launch technology--two satellites per launch rocket. “Our estimates show that dual launch for GPS III (aboard a single Atlas V rocket) reduces per spacecraft launch cost by approximately $50 million,” Lockheed Martin spokesman Michael Friedman said in an email. “Over the GPS III constellation deployment lifecycle, this…

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