Boeing lands large satellite contract
Posted: Thu, Jan 12, 2006, 7:22 AM ET (1222 GMT)
Boeing's satellite division has won its biggest satellite contract in nine years, signing a deal to build three mobile communications satellites. Boeing said it will build three "Geo-Mobile" satellites, based on the Boeing 702 model, for Mobile Satellite Ventures. The MSV-1 and MSV-2 satellites will be used by MSV to provide satellite phone services to North America and the Caribbean; the third satellite, MSV-SA, will offer similar services for South America. The satellites will be augmented by a network of terrestrial repeaters. MSV officials said the satellite contract was worth between $500 million and $1 billion, depending on what contract options were exercised. Boeing said the deal was the biggest the company won since 1997, when it sold two similar satellites to "an international customer", believed to be Thuraya. Boeing has had difficulty in recent years competing for commercial communications satellite contracts, due to problems with its satellites as well as increased competition.
Boeing's satellite division has won its biggest satellite contract in nine years, signing a deal to build three mobile communications satellites. Boeing said it will build three "Geo-Mobile" satellites, based on the Boeing 702 model, for Mobile Satellite Ventures. The MSV-1 and MSV-2 satellites will be used by MSV to provide satellite phone services to North America and the Caribbean; the third satellite, MSV-SA, will offer similar services for South America. The satellites will be augmented by a network of terrestrial repeaters. MSV officials said the satellite contract was worth between $500 million and $1 billion, depending on what contract options were exercised. Boeing said the deal was the biggest the company won since 1997, when it sold two similar satellites to "an international customer", believed to be Thuraya. Boeing has had difficulty in recent years competing for commercial communications satellite contracts, due to problems with its satellites as well as increased competition.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Starship explodes during preparations for static-fire test
Posted: Sun, Jun 22 6:52 AM ET (1052 GMT) |
|
news links
|
|
Saturday, July 12
Rocket maker Firefly Aerospace files to go public under ticker FLY
CNBC — 10:54 am ET (1454 GMT) Space and defense firm Firefly Aerospace files for US IPO
Reuters — 10:54 am ET (1454 GMT) Firefly Aerospace files for an IPO
TechCrunch — 10:52 am ET (1452 GMT) Firefly Aerospace Files Registration Statement for Proposed Initial Public Offering
Firefly Aerospace — 10:52 am ET (1452 GMT) Austin-area rocket maker Firefly Aerospace files to go public as FLY
Austin (TX) American-Statesman — 10:52 am ET (1452 GMT) |
