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Europe Daily Bulletin No. 9113

20 January 2006
GENERAL NEWS / (eu) eu/gailileo
Galileo Consortium signs Eur 950 mil contract for first four satellites

Brussels, 19/01/2006 (Agence Europe) - On Thursday, the European Space Agency (ESA) and the Galileo Consortium signed a contract for the in-orbit validation phase of the Galileo satellite navigation system, in other words, the development and in-orbit validation of the constellation's first four satellites due to be in orbit by 2008, explains a European Commission press release. The contract is worth EUR 950 mil, to be paid in equal shares by the ESA and the European Commission. The contract...

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