Lockheed Martin (LMT +0.6%) says it's successfully completed a Delta Preliminary Design Review...

|About: Lockheed Martin (LMT)|By:, SA News Editor

Lockheed Martin (LMT +0.6%) says it's successfully completed a Delta Preliminary Design Review for the next generation of GPS satellite vehicles planned under the USAF's GPS III program. The satellites will deliver three times better accuracy and up to eight times improved anti-jamming signal power, while adding a new civil signal designed to be interoperable with international global navigation satellite systems. The Air Force plans to purchase up to of the satellites.