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Boeing to build NASA satellites

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From Times Wire Services

Boeing Co., the second-largest U.S. defense contractor, said it was chosen by NASA to build two communications satellites in a contract with a potential value of $1.2 billion.

The satellites will be ready for launch in 2012 and 2013, Chicago-based Boeing said. The order is valued at $695 million now and $1.2 billion if all options are exercised.

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