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
|
|
Report outlines cost growth in canceled NASA exploration programs
Posted: Sat, Jun 27 11:14 AM ET (1514 GMT) Perseverance Mars rover finds more potential biosignatures
Posted: Sat, Jun 27 11:12 AM ET (1512 GMT) |
|
news links
|
|
Saturday, June 27
Cosmic Storms Shaped the First Stars in the Universe
Academia Sinica — 8:32 pm ET (0032 GMT) PLD Space strengthens its Board of Directors with the appointment of Hilario Albarracín
PLD Space — 8:31 pm ET (0031 GMT) Neo Space Group Announces Dr. Abdullah Aljohani as Chief Technology and Operations Officer
Neo Space Group — 8:31 pm ET (0031 GMT) RAS Fellow awarded 2026 Carl Sagan Medal
Royal Astronomical Society — 8:29 pm ET (0029 GMT) Bow-and-arrow-shaped radio galaxy discovered by citizen scientist
Royal Astronomical Society — 8:29 pm ET (0029 GMT) |
