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Lockheed awarded $7.2 billion GPS IIIF contract

from Inside GNSS

The Air Force officially announced that Lockheed Martin had been awarded a $7.2 billion contract to build 22 GPS III Follow-on (IIIF) satellites. "The world is dependent on GPS, from getting directions to getting cash from an ATM machine or trading on the stock exchange," said Secretary of the Air Force Heather Wilson in a statement. "These satellites will provide greater accuracy, and improved anti-jamming capabilities making them more resilient." more

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