Aireon awards Harris contract for implementation of hosted satellite payloads

RELATED QUOTES

SymbolPriceChange
HRS49.85-0.24
IRDM7.16-0.13

Harris (HRS) will provide 81 ADS-B 1090 Extended Squitter receiver payloads to Aireon LLC, to be hosted on the Iridium (IRDM) NEXT satellite constellation under a five-year contract that will ultimately transform air traffic management with a global satellite-based aircraft tracking system. Iridium NEXT is the next-generation satellite constellation planned to start launching in 2015 by Iridium. Aireon is a planned joint venture between Iridium and NAV CANADA.

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