Lockheed Receives $200M for GPS III 5 and 6
Lockheed Martin Corporation has been awarded $200 million to produce GPS III satellites SV05 and SV06 by the U.S. Air Force. Lockheed Marin originally received funding to procure long-lead parts for satellites five through eight (SV05-08) in February. The award is a $200,700,415 cost-plus-incentive-fee modification (P00276) on an existing contract (FA8807-08-C-0010). Work will be performed at Littleton, Colorado, and Clifton,... read more
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