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OHB System, Arienspace winners in EU satellite order.
Germany’s OHB System (OHBG.DE) will deliver 14 satellites for the European Union’s Galileo navigation system and Arianespace (EAD.PA) of France will launch them into orbit, the EU executive said on Thursday.
Support services for Europe’s biggest space programme will be delivered by Franco-Italian group Thales Alenia Space (TCFP.PA)(SIFI.MI) in a contract worth 85 million euros ($122 million), the European Commission said in a statement.
OHB secured its order, worth 566 million euros, after a competition with Germany’s EADS-Astrium. The two will continue to compete for orders for the remaining satellites in the programme, which will probably number between eight and 18.
Arianespace will be paid 397 million euros in a contract to launch the satellites onboard Soyuz rockets from French Guiana starting in October 2012.