Lockheed Loses $70 Million Over GPS Satellite Overruns

Lockheed Martin Corp. (LMT) will lose its entire fee of about $ 70 million to defray an 18 percent cost overrun on the first Global Positioning System satellites of a new design, according to the Air Force. The Air Force estimates the first two GPS-III
See all stories on this topic »


Google Alerts – intitle:gps -intext:Gap -intext:GP -intext:health -intext:doctor

Note: Newswire stories are provided as a courtesy of Rated4Stars.com. Content of these articles is provided by external sources.


Speak Your Mind