The U.S. Air Force has awarded Lockheed Martin a contract valued at about $50 million to execute a system design review for the next-generation GPS space segment, Lockheed Martin announced Dec. 21
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The company recently completed a GPS 3 system requirements review under a $10 million follow-on to a 2004 concept development contract. The system design review is scheduled to be conducted in March
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A Lockheed Martin-led team is competing against a team led by Boeing Co. to build the GPS 3 constellation. The Air Force Global Positioning Systems Wing, Space and Missile Systems Center, Los Angeles Air Force Base, Calif., plans to award a multi-billion dollar development contract in 2007.