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Stock impact report

Intelsat General Part of Team Selected to Build New Satellite Navigation Payload for the Federal Aviation Administration

INTELSAT SA (I) 
Last intelsat sa earnings: 2/20 06:29 am Check Earnings Report
US:NYSE Investor Relations: investors.intelsat.com
Company Research Source: Business Wire
Payload Hosted on Intelsat’s Galaxy 30 Satellite to Aid Aircraft Navigation Precision Approaches MCLEAN, Va.--(BUSINESS WIRE)-- Intelsat General, a wholly owned subsidiary of Intelsat (NYSE: I), operator of the world’s first Globalized Network, today announced that it is part of a team of companies awarded a new task order by the Federal Aviation Administration (FAA) to develop and operate a satellite payload to aid aircraft navigation, particularly precision approaches to airports without dependence on ground-based infrastructure. The payload will be part of the FAA’s Wide Area Augmentation System (WAAS) that corrects and enhances information provided by Global Positioning System (GPS) satellites to give commercial and civilian pilots more precise approach and departure guidance. WAAS provides safety improvements in the National Air Space and has been operational since 2003. This hosted payload, Show less Read more
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