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MarketScreener Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE)

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The Boeing Company : Boeing TDRS-K Relay Satellite Sends 1st Signals from Space

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01/31/2013 | 06:30am EST

Provides critical communications links for NASA, US space programs

CAPE CANAVERAL, Fla., Jan. 30, 2013 -- Boeing [NYSE: BA] has received the first on-orbit signals from the Tracking and Data Relay Satellite (TDRS)-K, demonstrating that the vehicle is functioning and ready to use its internal engine to boost it to its operational geosynchronous orbit. After reaching final orbit, it will undergo three months of tests and calibration before being put into operation by NASA to provide critical communications relay services to NASA and other U.S. space programs.

TDRS-K joins three other Boeing TDRS satellites in NASA's system. It is the first of a new series of those satellites, featuring improved payload, power and propulsion, and will help provide users with enhanced, reliable communications bandwidth at the lowest cost.

"TDRS-K is another example of the vital space communication services Boeing has been providing to NASA for more than four decades," said Craig Cooning, vice president and general manager of Boeing Space & Intelligence Systems.

The satellite launched on a United Launch Alliance Atlas V vehicle today at 8:48 p.m. Eastern time from Cape Canaveral Air Force Station, Fla. Controllers in Australia confirmed initial contact with it two hours and three minutes later.

TDRS-K's design is based on electronics from the highly successful 702 class of satellites and previous TDRS spacecraft.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $33 billion business with 60,000 employees worldwide.@BoeingDefense.

###

Contact:

Kimberly Krantz
Space & Intelligence Systems
Office: 562-797-1351
Mobile: 310-292-1693
kimberly.krantz@boeing.com

Tiffany Pitts
Space & Intelligence Systems
Office: 562-797-3614
Mobile: 714-329-3027
tiffany.l.pitts@boeing.com

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EBIT 2020 5 632 M
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Debt 2020 26 795 M
Yield 2020 2,57%
P/E ratio 2020 47,0x
P/E ratio 2021 17,6x
EV / Sales2020 2,26x
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NameTitle
David L. Calhoun President, Chief Executive Officer & Director
Lawrence W. Kellner Non-Executive Chairman
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Gregory D. Smith CFO, EVP-Enterprise Performance & Strategy
Theodore Colbert Executive Vice President
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