Aireon Awards Harris Corporation Contract for Largest Implementation of Hosted Satellite Payloads;
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.
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