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#1
August 25th 03, 02:14 AM
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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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