Posted: Sun, Sep 16, 2018, 10:38 AM ET (1438 GMT)
The Air Force has awarded a contract worth $7.2 billion to Lockheed Martin to produce the next batch of GPS 3 satellites. The contract, announced Friday, covers 22 GPS 3 follow-on, or GPS 3F, satellites to be built for launch starting in 2026. Lockheed Martin won a contract for the first 10 in 2008, and was the only company to compete for the next set of satellites after Boeing and Northrop Grumman declined to bid.

Related Links:

•  SpaceNews article
•  AP article
•  US Air Force statement