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Lockheed
Martin Forms Navigation Systems Business Unit
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Lockheed Martin is
establishing a new business unit within its Space Systems Company.
This new Navigation Systems business unit will lead the company's
efforts to pursue new business opportunities in the space-based
navigation systems marketplace. In addition to pursuing
opportunities to develop the third generation Global Positioning
System (GPS III) 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.
Stanton
D. Sloane, the executive vice president of Lockheed Martin's
Management and Data Systems, will lead the new business unit. The
Navigation Systems business unit will be headquartered in King of
Prussia, PA, and be responsible for the GPS III architecture study,
the GPS-IIR program and the GPS III CAD (Component Advanced
Development) development activities. It will also include the
broader functional areas of system of systems architecture and
engineering, network architecture, and user applications. The new
business unit will also have access to corporate-wide resources and
support including Lockheed Martin's System Integration and Air
Traffic Management organizations.
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