Thursday, June 5, 2008

Israel Firm Reportedly Knocked Off Satellite Deal

Europe's EADS or Canada's MacDonald Dettwiler & Associates will be awarded a $70 million contract for an observation and research satellite, according to a wire report. That eliminates Israel Aircraft Industries from the running, despite that Chilean military officials preferred IAI's satellite. The final decision, now expected by the end of June, rests with Defense Secretary Jose Goni.

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