Europe Building Their Own GPS
An anonymous reader writes "BBC News is reporting that Europe is planning to build their own satellite-navigation network that will be backward and forward compatible. There's going to be 5 levels ranging from free (1m accuracy) to commercial (1cm accuracy)! Provision is also being made for a search and rescue mode where a signal can be sent to confirm that help is on the way. The system will supposedly even work with existing US network after upgrades to the network."
Why don't they pay the US $2bn for an iron clad, written in stone, contract that says they won't downgrade their GPS without the consent of the EU?