AF Adds 22 GPS III Follow On Satellites to the Tune of $7.2 B

USAF, Lockheed Martin Reporting The U.S. Air Force announced selection of Lockheed Martin for a fixed-price-type production contract for 22 GPS III Follow-On satellites with a total estimated contract value up to $7.2 billion. “The world is dependent on GPS, from getting directions to getting cash from an ATM or trading on the stock exchange,” …