SpaceX on Tuesday bagged a $96.5 million contract from the U.S. Air Force to launch a Global Positioning System III (GPS III) satellite using a Falcon 9 rocket in February 2019.
Last year, the private sector firm won an $82.7 million contract from the Air Force to launch a similar satellite in 2018.
The Air Force wanted a bidding process for the satellite mission. But the Boeing-Lockheed joint venture called ULA decided not to submit a bid, clearing the way for Elon Musk’s firm. However, ULA had previously announced that it was a bidder.