You can find that type of camera under one of several names.
Some call it waterproof, some say underwater, some say "tough".
All the same.

I find that most such cameras do not produce a real sharp picture.
To my eyes, the Canon D20 model produces the best pictures.

Here is a review:

http://www.imaging-resource.com/PRODS/canon-d20/canon-d20A.HTM

I don't believe it has GPS.