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The Air Force has awarded Lockheed Martin an additional $200 million in contract options to build the fifth and sixth GPS III satellites.
The award follows a contract for an initial set of four GPS III satellites, and then a $120 million Air Force contract awarded last February for procurement of long-lead parts for a second set of four satellites. The additional options will fund completion of the first two satellites in that second set.
Funding for the final two satellites is expected in 2014, according to a Lockheed Martin news release.
GPS III satellites will deliver three times better accuracy, eight times better jamming capabilities and a 25 percent longer spacecraft life than earlier GPS satellites, Lockheed Martin said.
The GPS III satellites also will feature an L1C civil signal designed to make them interoperable with other international global navigation satellite systems.