Lockheed Martin, ITT forge alliance

12 Oct 2006

Lockheed Martin and ITT Corp. have formed an alliance to bid for the construction of the US Air Force's next generation Global Positioning System Space Segment program, known as GPS Block III.

Under the agreement, the two companies will build on their existing partnership on the government's Block IIR and IIR-M series in which Lockheed Martin serves as the prime contractor and spacecraft integrator, with ITT as the navigation payloads provider.

GPS III will address the challenging military transformational and civil needs across the globe, including advanced anti-jam capabilities and improved system security, accuracy and reliability. GPS Block III will enhance space-based navigation and performance and set a new world standard for positioning and timing services.

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