NASA and Google reach lease deal for Moffett Field
Posted: Tue, Nov 11, 2014, 7:44 AM ET (1244 GMT)
NASA announced Monday that it has signed a lease with a subsidiary of Google to take over management of a federal airfield adjacent to NASA's Ames Research Center. The lease gives Planetary Ventures LLC control of Moffett Federal Airfield, including runways, hangars, an operations building, and a golf course. Planetary Ventures will pay $1.16 billion in rent over the 60-year lease, and will also contribute more than $200 million in improvements to the facility, including the restoration of the large Hangar One at the airfield. NASA and the General Services Administration selected Planetary Ventures earlier this year to begin negotiations that led to the lease.
NASA announced Monday that it has signed a lease with a subsidiary of Google to take over management of a federal airfield adjacent to NASA's Ames Research Center. The lease gives Planetary Ventures LLC control of Moffett Federal Airfield, including runways, hangars, an operations building, and a golf course. Planetary Ventures will pay $1.16 billion in rent over the 60-year lease, and will also contribute more than $200 million in improvements to the facility, including the restoration of the large Hangar One at the airfield. NASA and the General Services Administration selected Planetary Ventures earlier this year to begin negotiations that led to the lease.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Wednesday, October 14
CSG Sets Sights on Space With Around $434 Million Stake in Canada’s MDA Space
Wall Street Journal — 6:30 am ET (1030 GMT) Czech defence company CSG buys 9.5% stake in MDA Space
Canadian Press — 6:29 am ET (1029 GMT) Europe’s CSG Becomes Largest Shareholder of MDA Space
ViaSatellite — 6:29 am ET (1029 GMT) Czech CSG Acquires 9.5% Stake In Canadarm Developer MDA
Aviation Week — 6:29 am ET (1029 GMT) Student-built SCAMPI experiment launches to the International Space Station
ESA — 6:28 am ET (1028 GMT) |
