Air Force Buying Satellites From Boeing
July 5, 2006
The U.S. Air Force has awarded Boeing Co. a $138 million option to build three additional Global Positioning System satellites.
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 said Wednesday.
The aerospace company expects the first GPS Block IIF satellite, known as SV-1, will be ready for delivery in 2007.