Another Lockheed Martin-Built GPS III Satellite Lifts Off into Orbit
Similar to its rapid response predecessor in December 2024, GPS III SV08 executed an accelerated launch call-up, shipping from its cleanroom in Colorado and undergoing launch preparations in Florida in just over three months, compared to the typical timeframe of several months.
"Our team is thrilled to support another launch of a critical GPS satellite, just five months since the last liftoff," said Malik Musawwir, vice president of Navigation Systems for Lockheed Martin Space. "This demonstrates Lockheed Martin's ability to rapidly launch and deploy national security space assets, and we look forward to putting the next two GPS III satellites on orbit to further enhance this critical constellation."
These GPS III satellites will play a vital role in providing accurate and resilient positioning, navigation and timing (PNT) capabilities to both civilian and military users, enabling critical applications such as aviation, maritime, and land transportation, plus search and rescue operations. For military users, the advanced security features and anti-jamming capabilities of GPS III – and the follow-on GPS IIIF – satellites are particularly crucial, as they will ensure uninterrupted access to precise navigation and timing data, even in contested or denied environments, thereby supporting national security and defense operations.
SV08 is now under operational control at Lockheed Martin's Denver Launch & Checkout Operations Center until its official acceptance into the current operational GPS network.
Ground Operations for Space SecurityIn addition to building the spacecraft at its Littleton, Colorado facility, and providing early on-orbit operations, Lockheed Martin plays a major role in the continuation and maintenance of the modernized GPS ground segment—also known as the Architecture Evolution Plan.
This architecture is core to operating the 31 active GPS satellites on orbit, enabling them to provide life-changing PNT capabilities that our modern world relies.
The ground segment underpinned by Lockheed Martin is responsible for monitoring and controlling the GPS satellite constellation, as well as providing navigation data to its users. It consists of a network of monitoring stations, master control stations, and ground antennas located around the world.
Most recently, Lockheed Martin has further enhanced GPS' ground segment by incorporating M-Code Early Use into the system, which allows for worldwide use of a specialized, secure military communications signal by American and allied troops.
Once declared operational, GPS III SV08 will be the eighth GPS III satellite in space with boosted M-code, strengthening navigation, precision and anti-jamming for critical military operations.
Lockheed Martin was also recently awarded a contract modification for two additional future GPS IIIF satellites to further enhance the constellation.
About Lockheed MartinLockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at lockheedmartin.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/another-lockheed-martin-built-gps-iii-satellite-lifts-off-into-orbit-302469853.html
SOURCE Lockheed Martin
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
14 minutes ago
- Business Upturn
Capgemini to acquire WNS for $3.3 billion to strengthen AI-powered business process services
By Aditya Bhagchandani Published on July 7, 2025, 11:09 IST Capgemini (Euronext Paris: CAP) and WNS (NYSE: WNS) announced today a definitive agreement under which Capgemini will acquire WNS in a $3.3 billion all-cash deal, aiming to create a leader in AI-powered intelligent operations. Under the terms of the agreement, Capgemini will pay $76.50 per WNS share, representing a 28% premium over the 90-day average share price, 27% over the 30-day average, and 17% over WNS' closing price on July 3, 2025. Both companies' boards have unanimously approved the transaction. The deal is expected to be accretive to Capgemini's normalized earnings per share (EPS) by 4% in 2026 and 7% by 2027, post-synergies. Capgemini CEO Aiman Ezzat highlighted the strategic significance of the acquisition, stating: 'Together we will create a leader in Intelligent Operations, uniquely positioned to support organizations in their AI-powered business process transformation. This addresses the growing demand for Agentic AI-driven process transformation to deliver efficiency, agility, and superior business outcomes.' WNS, known for its high-growth, high-margin digital business process services, brings vertical sector expertise, strong U.S. market exposure, and immediate cross-selling opportunities to Capgemini. Ezzat added that the combination of Capgemini's consulting, technology, and platforms with WNS' deep process and industry knowledge will enable clients to accelerate the shift from traditional business process services (BPS) to Agentic AI-powered intelligent operations. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the coming months. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.


Business Wire
5 hours ago
- Business Wire
Valaris Announces Multi-Year Contract Awards for Drillships VALARIS DS-16 and DS-18
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ('Valaris' or the 'Company') announced today that it has been awarded a 940-day contract extension for drillship VALARIS DS-16, starting in June 2026, and a new 914-day contract for drillship VALARIS DS-18, that is expected to start in mid-fourth quarter 2026, with Anadarko Petroleum Corporation, a wholly-owned subsidiary of Occidental, in the Gulf of America. The combined addition to contracted revenue backlog is approximately $760 million. President and Chief Executive Officer Anton Dibowitz said, 'We've secured approximately $1.9 billion in new contract backlog so far this year, reflecting solid execution of our commercial strategy and our ability to deliver safe and efficient operations for our customers. We remain focused on securing additional attractive, long-term contracts for our high-specification assets that will further support our earnings and cash flow.' About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. Valaris maintains an unwavering commitment to safety, operational excellence, and customer satisfaction, with a focus on technology and innovation. Valaris Limited is a Bermuda exempted company (Bermuda No. 56245). To learn more, visit our website at Cautionary Statements Statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "likely," "outlook," "plan," "project," "could," "may," "might," "should," "will" and similar words and specifically include statements regarding expected financial performance; expected utilization, day rates, revenues, operating expenses, cash flows, contract status, terms and duration, contract backlog, capital expenditures, insurance, financing and funding; the offshore drilling market, including supply and demand, customer drilling programs and the attainment of requisite permits for such programs, stacking of rigs, effects of new rigs on the market and effect of the volatility of commodity prices; expected work commitments, awards, contracts and letters of intent; scheduled delivery dates for rigs; performance and expected benefits of our joint ventures, including our joint venture with Saudi Aramco; timing of the delivery of the Saudi Aramco Rowan Offshore Drilling Company ("ARO") newbuild rigs and the timing of additional ARO newbuild orders; the availability, delivery, mobilization, contract commencement, availability, relocation or other movement of rigs and the timing thereof; rig reactivations; suitability of rigs for future contracts; divestitures of assets; general economic, market, business and industry conditions, including changing tariff policies, trade disputes, inflation and recessions, trends and outlook; general political conditions, including political tensions, conflicts and war; cybersecurity attacks and threats; uncertainty around the use and impacts of artificial intelligence applications; impacts and effects of public health crises, pandemics and epidemics; future operations; ability to renew expiring contracts or obtain new contracts; increasing regulatory complexity; targets, progress, plans and goals related to sustainability matters; the outcome of tax disputes; assessments and settlements; and expense management. The forward-looking statements contained in this press release are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including cancellation, suspension, renegotiation or termination of drilling contracts and programs; our ability to obtain financing, service our debt, fund capital expenditures and pursue other business opportunities; adequacy of sources of liquidity for us and our customers; future share repurchases; actions by regulatory authorities, or other third parties; actions by our security holders; internal control risk; commodity price fluctuations and volatility, customer demand, loss of a significant customer or customer contract, downtime and other risks associated with offshore rig operations; adverse weather, including hurricanes; changes in worldwide rig supply; and demand, competition and technology; supply chain and logistics challenges; consumer preferences for alternative fuels and forecasts or expectations regarding the global energy transition; increased scrutiny of our sustainability targets, initiatives and reporting and our ability to achieve such targets or initiatives; changes in customer strategy; future levels of offshore drilling activity; governmental action, civil unrest and political and economic uncertainties, including recessions, volatility affecting financial markets and the banking system, changing tariff policies, trade disputes, and adverse changes in the level of international trade activity; terrorism, piracy and military action; risks inherent to shipyard upgrade, repair, maintenance, enhancement or rig reactivation; our ability to enter into, and the terms of, future drilling contracts; suitability of rigs for future contracts; the cancellation of letters of intent or letters of award or any failure to execute definitive contracts following announcements of letters of intent, letters of award or other expected work commitments; the outcome of litigation, legal proceedings, investigations or other claims or contract disputes; governmental regulatory, legislative and permitting requirements affecting drilling operations; our ability to attract and retain skilled personnel on commercially reasonable terms; the use of artificial intelligence by us, third-party service providers or our competitors; environmental or other liabilities, risks or losses; compliance with our debt agreements and debt restrictions that may limit our liquidity and flexibility, including in any return of capital plans; cybersecurity risks and threats; and changes in foreign currency exchange rates. In addition to the numerous factors described above, you should also carefully read and consider "Item 1A. Risk Factors" in Part I and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in Part II of our most recent annual report on Form 10-K, which is available on the Securities and Exchange Commission's website at or on the Investor Relations section of our website at Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to update or revise any forward-looking statements, except as required by law.


Business Wire
6 hours ago
- Business Wire
NGG Investors Have Opportunity to Join National Grid plc Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of National Grid plc ('Centene' or 'the Company') (NYSE: NGG) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. The UK's National Energy System Operator (NESO) published its summary findings of its investigation into the fire that shut down Heathrow Airport on March 20, 2025. The NESO report states that a known fault in National Grid's electrical substation was the cause of the fire, adding that the Company was aware of the fault since 2018 but failed to fix it. According to media outlets in the UK, Heathrow airport is considering legal action against National Grid. Based on this news, ADRs of National Grid fell by more than 5% on July 2, 2025. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.