DODOtherDefense & SecuritySeptember 26, 2018

GLOBAL POSITIONING SYSTEMS III FOLLOW-ON

$4,025,755,431

AI Summary

This $4 billion contract with Lockheed Martin funds the production of GPS III Follow-On (GPS IIIF) satellites, the next generation of Global Positioning System spacecraft. These satellites will provide even more powerful signals, greater accuracy, and improved resilience against jamming for both military and civilian users.

Key Points

  1. 01Funds GPS III Follow-On satellite production
  2. 02Awarded to Lockheed Martin Corp in Colorado
  3. 03Next generation of GPS satellites with improved capabilities
  4. 04Enhanced anti-jamming and signal accuracy
  5. 05Contract runs from 2018 through 2037

Award Details

Start Date

Sep 26, 2018

End Date

Jan 31, 2037

Category

Defense & Security

State

CO

Award Type

Other

Quick Summary

Amount
$4.0B
Agency
Department of Defense
Recipient
LOCKHEED MARTIN CORP
Type
Other

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