Melco Lands Two-satellite Contract with Turkey

摘要

Mitsubishi Electric Corp. (Melco) of Japan, in its biggest-ever commercial satellite award, has bested its U.S. and European competitors to win a Turkish government contract to build two telecommunications satellites, Melco announced March 8. The Turkish Transportation Ministry announced the deal March 7, saying it is valued at $571 million including the satellites' launches in 2013 and 2014. A launch vehicle selection was not announced.