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
|
|
|
|
news links
|
|
Wednesday, August 12
Firefly Now Targeting Next Alpha Flight By Year’s End
Aviation Week — 4:54 am ET (0854 GMT) 'Russian Starlink' Is Fast Becoming A Reality, There's Just One Problem For The Kremlin
Radio Free Europe — 4:52 am ET (0852 GMT) Firefly Aerospace Announces Extension of Multi-Launch Agreement with Lockheed Martin Through 2031
Firefly Aerospace — 4:50 am ET (0850 GMT) Firefly’s SciTec Awarded $94 Million U.S. Space Force Contract to Advance Ground-Based Radar Digitization Program
Firefly Aerospace — 4:49 am ET (0849 GMT) Registration Now Open for Spacepower Conference 2026
EINPresswire.com — 4:49 am ET (0849 GMT) |
