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Business/Financial

Northrop Grumman, Raytheon Win Work On Next-Gen GPS Control Segment

DDN

Thursday, November 29th, 2007

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The Air Force recently chose Northrop Grumman [NOC] and Raytheon [RTN] to conduct concurrent developmental work on a next- generation ground control segment for Global Positioning System (GPS) navigation satellites. Each company won phase A contracts worth about $160 million to reduce the risk in the design of the GPS Operational Control Segment (OCX) over the next 18 months. Lockheed Martin's [LMT] bid in the competition was unsuccessful. The OCX is the future satellite command and control, mission planning, constellation…

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