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$204 Million Proposed for Boeing Satellites

From Bloomberg News

Boeing Co. would receive $204 million to build two military communications satellites under the Pentagon’s latest five-year budget plan, according to budget documents.

The proposed budget for 2007 to 2011 calls for adding a fourth and fifth high-speed communications satellite to the three the Defense Department ordered from Boeing in 2002.

From Bloomberg News

* Boeing won an order from Iceland’s Avion Group for four 777 freighter aircraft valued at about $1 billion, adding to a record year for orders.

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