Boeing (NYSE: BA) has selected Alcatel Space, a unit of Paris-based Alcatel [NYSE: ALA] to supply a multi-million payload for a satellite Boeing is build for XM Satellite Radio [Nasdaq: XMSR]. The payload will be built at Alcatel Space’s facility in Toulouse and then integrated on a Boeing 702 platform at its facility in El Segundo, Calif. XM provides 100 channels of digital satellite radio throughout the continental United States.
Alcatel Wins Contract To Supply XM Payload To Boeing
By S
Staff Writer
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