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Apr 6, 2007

Firm Completes Design of Next-Generation GPS Satellite

Lockheed Martin has completed a review of its design for the U.S. Air Force's next generation GPS satellite, known as GPS Block III. The review involved over 100 government officials, including representatives from the Defense Department, Department of Transportation and the Federal Aviation Administration, at a five-day meeting at the firm's Valley Forge, PA, headquaters.

During the review, the Lockheed Martin team detailed its planned architecture and design approach for the system and summarized results of risk reduction efforts. The review also featured an extensive exhibit hall with demonstrations of key technologies and displays summarizing performance, mission scenarios, and user benefits.

Joanne Maguire, executive vice president of Lockheed Martin Space Systems pronounced the review a sucess, saying, "We are extremely pleased with the government participation and the successful outcome of this important review and stand ready to proceed with the next development phase of the GPS III program."

The review was part of a $49 million design contract to design the next generation GPS satellite system awarded to the firm. Of course the real prize is the multi-billion dollar contract to actually build the system. The firm is competing against Boeing for that contact, which is expected to be awarded to one of the two defense contractors late this year.

See also: GPS III Bid Process About to Begin.