General Dynamics gets USD26m contract for continued work on GPS III program

24 March 2014

General Dynamics (NYSE: GD) business unit General Dynamics Advanced Information Systems was recently awarded a USD26m contract from Lockheed Martin (NYSE: LMT) to support the US Air Force Global Positioning System III Network Communications Element (NCE).

The Air Force´s next-generation GPS III satellites will improve position, navigation and timing services and provide advanced anti-jam capabilities yielding superior system security, accuracy and reliability.

General Dynamics is already under contract with Lockheed Martin to produce the NCE for the first four GPS III space vehicles (SV01-SV04), as well as for the procurement of long lead material for the second set of four space vehicles (SV05-SV08). This follow-on contract provides General Dynamics with the funding to complete the NCE for SV05 and SV06.

For more information about General Dynamics Advanced Information Systems, visit www.gd-ais.com. More information about General Dynamics is available at www.generaldynamics.com.

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