Boeing to Restart ICO Satellite Building
Some good news for a change. See story at:
"http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=3&u=/nm/20030825/bs_nm/telecoms_ico_boeing_dc"
Boeing to Restart ICO Satellite Building
(Reuters via Yahoo)
NEW YORK (Reuters) - Boeing Co. (NYSE:BA - news) has signed a contract
to complete construction of 10 partly built satellites for mobile
communication company ICO Global Telecommunications, the jet and
aerospace company said on Sunday, marking a huge boost for its
troubled satellite operation.
Chicago-based Boeing, the world's largest commercial jet-maker and a
leading military and space contractor, could get hundreds of millions
of dollars in revenue from resuming work on the project.
"In a very depressed commercial satellite market, any kind of
development like this is very good news," Boeing spokesman Dan Beck
told Reuters. ...
- Ed Kyle
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