Boeing wins USAF contract to begin work on seventh phase of satellite

August 24, 2010 at 1:40 pm | Posted in Space Law Current Events | Leave a comment

by Sara M. Langston with the blog faculty

Source: Dailybreeze.com

The U.S. Air Force will pay Boeing Co. in El Segundo $182 million to start work on a seventh installment of a military communications satellite – a process that could bring Boeing $2 billion in new work.

The contract extension was finalized Friday afternoon and announced by Boeing on Monday.

The deal builds on an earlier contract under which Boeing is building three Wideband Global SATCOM, or WGS, satellites. Those satellites will be launched in 2012 and 2013.

The Air Force already has three other Boeing-built WGS satellites in orbit.

The first six WGS satellites will cost the Air Force about $1.8 billion…more