Boeing GPS satellite project delayed, costs up

Newswire

WASHINGTON, Aug 22 (Reuters) - Technical issues have caused a delay of more than a year in a Boeing Co. program to build 12 Global Positioning System (GPS IIF) satellites for the U.S. Air Force, the Air Force said on Tuesday. The first of the new Boeing GPS satellites was now due to be launched in May 2008, compared to initial plans for a launch in January 2007, the Air Force said in a statement. It said the "more realistic schedule" was decided after an independent program review, which ...

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