Cybersecurity
Raytheon’s GPS III Ground Network Triggers Review on Costs
- Air Force declares network in breach of Nunn-McCurdy cost law
- Network’s cost projected to increase 25% more, U.S. says
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The U.S. Air Force said development costs for Raytheon Co.’s network of ground stations for the newest Global Positioning System satellites are expected to increase more than 25 percent over current estimates, triggering a legal requirement to review whether the program should be canceled.
The rare declaration Thursday by Air Force Secretary Deborah James, citing burgeoning costs for the Next Generation Operational Control System, or OCX, is a major setback for Raytheon. It starts a top-level review on the project’s future that the service said is expected to be completed in October.