Aerospacelab wins €2.4 billion contract to build majority of IRIS² satellites
Aerospacelab wins €2.4 billion contract to build majority of IRIS² satellites Sept 10 (Reuters) - Satellite maker Aerospacelab has secured a €2.4 billion contract to build 264 satellites for the European Union's IRIS² secure communications constellation, the Belgian company said on Thursday.
The contract gives Aerospacelab responsibility for around 76% of the network's planned 348 satellites, making it one of the biggest industrial beneficiaries of the EU bloc's flagship connectivity programme.
(Reporting by Maria Rugamer; editing by izabela Niemiec)
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