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WorldSpace Bids $98M To Rebuild Iraqi Infrastructure

By Staff Writer | December 11, 2003

      WorldSpace Corp., a Washington D.C.-based satellite radio company, is leading a team of companies that are bidding on a $98 million Department of Defense contract to rebuild Iraq’s news and media infrastructure. The other companies participating in the bid include TFS Group, The Rendon Group, East-West News Service, Oracle Surveillance, and Harris Corp. The contract is scheduled to begin on January 1, 2004, and has two six-month extension options.