GPS III Satellite Construction Underway, Lockheed Martin Says

Lockheed Martin's second GPS III satellite, GPS III SV02, has been assembled, with a third to follow soon, having just received its navigational payload, the company said in a news release Monday. GPS III SV02 is expected to launch in 2018, after environmental testing this summer, it said, saying eight more contracted GPS III satellites are in the works. It said SV01 was put into storage in February ahead of its expected launch, also next year.