Aireon Awards Harris Corporation Contract for Largest Implementation of Hosted Satellite Payloads; - Iridium Comms (NASDAQ:IRDM)

27% profit every 20 days?

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

27% profit every 20 days?

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