Finmeccanica

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Finmeccanica
« em: Dezembro 29, 2004, 01:35:38 pm »
ASI and Alenia Spazio Sign Final Contract for Dual-Use Earth Observation Satellite System
 
 
(Source: Finmeccanica; dated Dec. 22, web-posted Dec. 27, 2004)
 
 
 ROME ---Finmeccanica announces that a contract worth EUR 775 million was signed yesterday (21 December) between the Italian Space Agency and Alenia Spazio for the construction of the COSMO-SkyMed satellite system.  
 
The system consists of a constellation of four Earth observation satellites that can be used for civil or defence purposes.  
 
Alenia Spazio (100%-owned by Finmeccanica) acts as prime contractor for the industrial team appointed to develop the system, whose main suppliers include another Finmeccanica company, Telespazio, as well as several Italian SMEs.  
 
The contract relates to the first three satellites in the constellation; the contract for the fourth satellite is expected to be worth EUR 116 million.  
 
The COSMO-SkyMed system is financed by the Ministry of Education, Universities and Research (EUR 620 million) and the Ministry of Defence (EUR 155 million).  
 
The first COSMO-SkyMed satellite is to be launched during the last three months of 2006, and the system as a whole should be fully operational at the end of 2008. (ends)  
 
 
 
 Alenia Spazio Signs COSMO-Skymed Contract - Galileo Receives Go-Ahead
 
 
(Source: Alenia Spazio; dated Dec. 22, web-posted Dec. 27, 2004)
 
 
 Alenia Spazio, a Finmeccanica company, and the Italian Space Agency (ASI) have signed a contract worth 775 million euro to begin the development of the COSMO-Skymed satellite constellation for Earth observation.  
 
The contract covers the construction of the first three satellites, the first of which will be launched in late 2006, followed by the others at 8-month intervals. The system will be fully operational in 2008.  
 
The Italian space industry received a further boost with the signing of the contract between the European Space Agency (ESA) and Galileo Industries to begin operations for Galileo, the European system of satellite navigation.  
 
Maurizio Tucci, Managing Director and CEO of Alenia Spazio, commented: "Today is a great day for Italy's space industry. In Paris the contract was signed between ESA and Galileo Industries, in which our company is a partner, for Europe's Galileo programme and at the same time in Rome the COSMO-Skymed contract means that Alenia Spazio has met the three objectives set for 2004: the ATV capsules for the space station, Gaileo and COSMO-Skymed."  
 
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