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Boeing to Restart ICO Satellite Building



 
 
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Old August 25th 03, 02:14 AM
ed kyle
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Default 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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