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Launch Date Set for Navy Satellite

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International Launch Services plans to launch a Boeing [NYSE: BA]-built U.S. Navy communications satellite on board a Lockheed Martin [NYSE: LMT]-built Atlas III rocket from Cape Canaveral Air Force Station at 9:38 p.m. EST on Dec. 15. The satellite is the 11th UHF Follow-On (UFO) spacecraft for the Navy’s Space and Naval Warfare Systems Command in San Diego. Boeing has manufactured 10 UFO spacecraft under a contract originally awarded in July 1988 and now valued at approximately $2.1 billion.

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