Lockheed secures new $510M GPS III satellite deal
- Lockheed Martin has received a $509.7 million contract modification from the U.S.
- The contract, designated FA8807‐18‐C‐0009, underscores the ongoing commitment to enhance GPS technology.
- Lockheed Martin will continue production of the GPS III follow-on satellites, contributing to the modernization of the GPS constellation.These advancements are crucial for maintaining U.S.
Lockheed Martin just secured a substantial $509.7 million contract to build GPS III follow-On Space Vehicles 21 and 22, further solidifying its role in advancing GPS technology. This crucial deal, part of a larger $4.1 billion initiative, demonstrates the U.S. Department of Defense’s commitment to improving GPS accuracy and security for everyone. With this contract, Lockheed Martin will continue its pivotal work on the GPS III program, which ensures reliable GPS services globally. This news, reported by News Directory 3, highlights a meaningful investment in national security and technological advancement.Discover what’s next for this vital satellite program.
Lockheed Martin Secures $510M GPS III Follow-On Satellite Contract
Updated May 30,2025
Lockheed Martin has received a $509.7 million contract modification from the U.S. Department of Defense to produce Global Positioning System (GPS) III Follow-On Space Vehicles 21 and 22. This award increases the total value of Lockheed’s GPS III follow-on work to over $4.1 billion.
The contract, designated FA8807‐18‐C‐0009, underscores the ongoing commitment to enhance GPS technology. The GPS III satellites promise improved accuracy and security for both military and civilian users. This new deal ensures the continued development and deployment of advanced GPS capabilities.
What’s next
Lockheed Martin will continue production of the GPS III follow-on satellites, contributing to the modernization of the GPS constellation.These advancements are crucial for maintaining U.S. leadership in space-based technology and ensuring reliable GPS services worldwide. The GPS III program represents a significant investment in national security and technological advancement.