STOCK TITAN

Fourth Lockheed Martin-Built GPS III Satellite's On Board Engine Now Propelling It To Orbit

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

The fourth Lockheed Martin (NYSE: LMT)-built GPS III satellite, GPS III SV04, successfully launched from Cape Canaveral on November 5, 2020. After separation from the SpaceX Falcon 9 rocket, the satellite is now autonomously ascending to its operational orbit of approximately 12,550 miles. It boasts significant enhancements, including three times better accuracy and up to eight times improved anti-jamming capabilities. This satellite is integral to the U.S. Space Force's modernization efforts, with GPS III SV05 ready for launch. GPS contributes an estimated $300 billion annually to the economy.

Positive
  • Successful launch of GPS III SV04, enhancing the U.S. GPS constellation.
  • Improvements in accuracy and anti-jamming capabilities.
  • GPS is a critical component of national infrastructure, providing $300 billion in annual economic benefits.
Negative
  • None.

DENVER, Nov. 5, 2020 /PRNewswire/ -- The fourth Lockheed Martin (NYSE: LMT)-built Global Positioning System III (GPS III) satellite is now headed to orbit under its own propulsion. Following a successful launch earlier this evening, GPS III Space Vehicle 04 (GPS III SV04) separated from its rocket and is now using onboard power to climb to its operational orbit, approximately 12,550 miles above the Earth.

About 89 minutes after a 6:24 p.m. EST liftoff from Cape Canaveral Air Force Station, Florida, U.S. Space Force and Lockheed Martin engineers at the company's Denver Launch & Checkout Operations Center declared GPS III SV04 "separated" from its SpaceX Falcon 9 rocket and "flying" under their control.  

In the coming days, GPS III SV04's onboard liquid apogee engine will continue to propel the satellite towards its operational orbit. Once it arrives, the engineers will send the satellite commands to deploy its solar arrays and antennas, and prepare GPS III SV04 for handover to Space Operations Command.

GPS III SV04 is the latest next-generation GPS III satellite Lockheed Martin designed and built to help the U.S. Space Force modernize today's GPS satellite constellation with new technology and capabilities. GPS III satellites will provide significant capability improvements over previous GPS satellites, including:

  • Three times better accuracy;
  • Up to eight times improved anti-jamming capabilities; and
  • A new L1C civil signal, which is compatible with international global navigation satellite systems, like Europe's Galileo, to improve civilian user connectivity.

GPS III SV04 will also be the 23rd Military Code (M-Code) signal-enabled GPS space vehicle on orbit, continuing the Space Force's plan to fully field the more-secure, harder-to-jam and spoof GPS signal for military forces.

"With GPS III we are focused on rapidly fielding the best capabilities to the Space Force's Positioning, Navigation and Timing (PNT) Mission," said Tonya Ladwig, Lockheed Martin's Acting Vice President for Navigation Systems. "We are proud of our industry-government team on the launch of GPS III SV04. GPS III SV05 is already 'available for launch' and just waiting to be called up." 

In early July, the Space Force also declared that the GPS III Follow On (GPS IIIF) program had fulfilled Milestone C, allowing the program to enter its production phase. GPS IIIF satellites will add even more capabilities, including:

  • A Regional Military Protection Capability, which will increase anti-jam support in theater to ensure U.S. and allied forces cannot be denied access to GPS in hostile environments;
  • an accuracy-enhancing laser retroreflector array;
  • A fully digital navigation payload; and
  • A new search and rescue payload.

"So many people rely on GPS every day. Continuing to invest in GPS by adding new capabilities like those coming with GPS III/IIIF will ensure GPS remains the world's 'gold standard' for PNT and just makes sense," Ladwig added. 

GPS is part of the U.S.'s critical national infrastructure, driving an estimated $300 billion in annual economic benefits and responsible for $1.4 trillion since its inception. Globally, more than four billion military, civil and commercial users depend on GPS' positioning, navigation and timing signals.

Lockheed Martin is proud to be a part of the GPS III team led by the Space Production Corps Medium Earth Orbit Division, at the U.S. Space Force's Space and Missile Systems Center, Los Angeles Air Force Base. The GPS Operational Control Segment sustainment is managed by the Enterprise Corps, GPS Sustainment Division at Peterson Air Force Base. The 2nd Space Operations Squadron, at Schriever Air Force Base, manages and operates the GPS constellation for both civil and military users. 

For additional GPS III information, photos and video visit: www.lockheedmartin.com/gps.

About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 110,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. For additional information, visit our website: www.lockheedmartin.com.

Please follow @LMNews on Twitter for the latest announcements and news across the corporation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/fourth-lockheed-martin-built-gps-iii-satellites-on-board-engine-now-propelling-it-to-orbit-301167654.html

SOURCE Lockheed Martin

FAQ

What is the significance of the GPS III SV04 launch for Lockheed Martin (LMT)?

The successful launch of GPS III SV04 enhances the capabilities of the U.S. GPS constellation, reinforcing Lockheed Martin's role in national security.

When was GPS III SV04 launched?

GPS III SV04 was launched on November 5, 2020.

What improvements does GPS III SV04 provide?

GPS III SV04 offers three times better accuracy and up to eight times improved anti-jamming capabilities over previous satellites.

How does GPS contribute to the U.S. economy?

GPS is estimated to drive $300 billion in annual economic benefits and is critical to national infrastructure.

Lockheed Martin Corp.

NYSE:LMT

LMT Rankings

LMT Latest News

LMT Stock Data

115.90B
236.89M
0.06%
74.44%
1.01%
Aerospace & Defense
Guided Missiles & Space Vehicles & Parts
Link
United States of America
BETHESDA