U.S. military's GPS III Follow-On satellites acquisition will cost $10.7 billion 

By Jason Sherman  
February 14, 2019 at 4:07 PM
The Defense Department estimates the newest Global Positioning System satellite program -- the GPS III Follow-On being built by Lockheed Martin -- will cost $10.7 billion, a figure the Air Force has recently conveyed to Congress as part of a report establishing a baseline for the planned 22-satellite acquisition effort. The service advised lawmakers of the cost estimate for the new system in an initial Selected Acquisition Report for the GPS IIIF program sent to Congress in November, according to...

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