Boeing to Build Three Additional GPS Satellites

Boeing has been awarded a $138 million option by the U.S. Air Force to build three additional Global Positioning System (GPS) satellites under the GPS Block IIF contract.

The exercised option brings to 12 the number of Block IIF satellites Boeing is building under contract to the military's NAVSTAR GPS joint program office. Boeing expects that the first GPS Block IIF satellite, known as SV-1, will be ready for delivery in 2007.

http://www.boeing.com

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