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Lockheed to Produce GPS III Satellites Three and Four

January 13, 2012
By George Seffers

Lockheed Martin Corporation, Space System Company, Newton, Pennsylvania, is being awarded a $238,489,236 cost-plus-incentive-fee with award fee contract for exercise option contract line item number 0016 to begin production of GPS III Space Vehicles three and four. U.S. Air Force Space and Missile Systems Center, El Segundo, California, is the contracting activity.