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Boeing wins three-satellite order from Inmarsat
Posted: Sat, Aug 7, 2010, 9:51 AM ET (1351 GMT) 
Inmarsat announced Friday that it is ordering three satellites from Boeing as part of a new initiative to provide a global satellite broadband system. Inmarsat will procure three Boeing 702HP satellites, called the Inmarsat-5 series, for its new Global Xpress service. That service will provide a global mobile broadband service at Ka-band for customers in maritime, energy, aeronautical, and government sectors. Inmarsat plans to spend $1.4 billion into develop Global Xpress; how much will be spent for the three satellites was not disclosed. Inmarsat plans to being operations of the system in 2014.
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