Astrium-led group wins Skynet 5 contract
Posted: Wed, Feb 27, 2002, 7:35 AM ET (1235 GMT)
A consortium led by Astrium won a contract Tuesday to build the next generation of military communications satellites for the UK. Paradigm, a joint venture led by Astrium and BAE Systems, won the contract to build and operate the new Skynet system that will provide communications for the UK Ministry of Defence, with additional commercial uses. The 20-year deal is valued at £2 billion ($US 2.8 billion), and will be funded by a private finance initiative, where industry pays for and owns the satellites, and the government and other customers pay only for services. Other members of the consortium include Cable and Wireless, TRW, and General Dynamics Decision Systems. Paradigm beat out a second joint venture, Rosetta, that also included BAE Systems, as well as BT Group and Lockheed Martin.
A consortium led by Astrium won a contract Tuesday to build the next generation of military communications satellites for the UK. Paradigm, a joint venture led by Astrium and BAE Systems, won the contract to build and operate the new Skynet system that will provide communications for the UK Ministry of Defence, with additional commercial uses. The 20-year deal is valued at £2 billion ($US 2.8 billion), and will be funded by a private finance initiative, where industry pays for and owns the satellites, and the government and other customers pay only for services. Other members of the consortium include Cable and Wireless, TRW, and General Dynamics Decision Systems. Paradigm beat out a second joint venture, Rosetta, that also included BAE Systems, as well as BT Group and Lockheed Martin.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Roscosmos replaces cosmonaut on next Crew Dragon mission to ISS
Posted: Sat, Dec 6 9:45 AM ET (1445 GMT) |
|
news links
|
|
Monday, December 22
The SpaceX IPO, space-based AI and dreams of Mars
The Hill — 7:30 am ET (1230 GMT) Korean SpaceX-linked Stocks Surge Ahead of $1.5T IPO
Chosun Ilbo — 7:28 am ET (1228 GMT) How a rocket launch in 2015 shook up space exploration
The National (UAE) — 7:28 am ET (1228 GMT) Airspace approved for Isles spaceport
We Love Stornoway — 7:26 am ET (1226 GMT) Japan's 8th H3 rocket launch fails
NHK — 7:23 am ET (1223 GMT) |
