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Boeing Receives Order To Build 3 Satellites

Fri, 08/06/2010 - 4:33am

EL SEGUNDO, Calif. (AP) — Boeing Co. said Friday it won a contract from British satellite-telecommunications provider Inmarsat to build three communications satellites.

Boeing said it was a fixed-price contract with options, but provided no other financial details. The satellites have an expected 15-year life span.

Boeing said it has built more than 175 commercial communications satellites over four decades, including a series being built for the U.S. government.

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