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April 2001
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Lockheed Martin Establishes New Navigation Systems Business Unit
King of Prussia, Pa., April 19, To build on its world-class capabilities in navigation and to meet customer needs, Lockheed Martin has established a new business unit within its Space Systems Company. This new Navigation Systems business unit will direct the company's efforts as it pursues new business opportunities in the space-based navigation systems marketplace.
In addition to pursuing opportunities to develop the third generation Global Positioning System (GPSIII) and Global Multi-Mission Service Platform (GMSP), the new business unit will provide a new level of corporate commitment to the development of systems required to meet the rapidly expanding needs in this market and its customers.
Visit: http://www.lockheedmartin.com
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