Boeing has issued a statement declaring its intent to pursue the contract for the first eight next generation Global Positioning System satellites. These first GPS III sats are considered Block A and would be followed by increments B and C under USAF’s new block acquisition approach. Space and Missile Systems Center released the GPS III request for proposals last week. Boeing has produced earlier versions of GPS satellites, with launch of its GPS IIF sats set to begin next year. Lockheed Martin has been competing with Boeing for the GPS IIIA award, potentially valued at $1.8 billion.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.