Cobham wins satellite deal with Boeing
Cobham, the defence technology supplier, has been awarded a contract to supply electronic systems to Boeing's Wideband Global SATCOM satellite programme.
Cobham, the defence technology supplier, has been awarded a contract to supply electronic systems to Boeing's Wideband Global SATCOM satellite programme.
The $65m contract is for the production of three satellite flight sets, with additional options for three more sets. For each satellite Cobham will supply 1,000 modules, which together enable the satellite to transmit and receive communications.
Work is expected to be completed in 2013 and will take place in the firm's facility in Lowell, Massachusetts.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Cobham is pleased to support this critical Department of Defence programme to enhance military satellite communications capability by providing the portfolio of RF modules that support additional bandwidth required by the military," said Jill Kale, Vice President of Cobham Defence Electronics.
According to US aircraft maker Boeing, the aim of the Wideband Global SATCOM (WGS) is to provide broadband communications connectivity for US and allied war-fighters around the world.
NR
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Cash in on the growth prospects of Europe's companies
Opinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
By Marcel Stotzel Published
-
Is the AI boom another dotcom bubble?
25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
By Dan McEvoy Published