XM Orders Fourth Boeing Satellite

Boeing [NYSE: BA] will build and deliver a fourth Boeing 702 satellite for XM Satellite Radio [Nasdaq: XMSR], the Washington, D.C.-based satellite radio services provider. The satellite, designated XM-4, will be delivered in late 2005 for future launch to XM’s orbital slot at 115 degrees West Longitude. Alcatel Space will provide the S-band digital audio radio service (DARS) payload for XM-4, which will also feature a bi-propellant back up to its xenon ion propulsion system (XIPS).

Separately, Boeing announced that it has been awarded a contract from Lockheed Martin [NYSE: LMT] to provide amplifiers and power conditioners for the JCSAT-9 satellite being built for JSAT Corp. of Japan. The agreement calls for Boeing Electron Dynamic Devices to provide S-Band linearized traveling wave tube amplifiers (LTWTA) and C-Band electronic power conditioners for the satellite.