COLORADO SPRINGS — After a decade of multibillion-dollar cost overruns and delays in delivering satellites, it seems the U.S. Air Force can claim that it has finally averted a potential disaster—at least for now—on its next big satellite program. The precision navigation and timing (PNT) payload for the first of a new generation of Global Positioning System (GPS) satellites will be delivered 10 months late to prime contractor Lockheed Martin. But, because the Air Force crafted the GPS ...

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