The US company won the bid to supply Vinasat satellite

The results of bid evaluation to select partners to provide satellites, launch services, equipment for control of Vietnam telecommunication satellites (Vinasat) have identified Lockheed Martin Commercial Space Systems (USA) as the bidder with the bid price. is 168 million.

This contractor is evaluated by experts as the leading contractor in the US and the world in the production of telecommunications satellites. This contractor won the bid after surpassing two other competitors, EADS Astrium / Alcatel Alenia Space (France) and Sumitomo Corporation (Japan).

It is expected that today (May 12), Vietnam Post and Telecommunications Group (VNPT), investor of the project launching Vinasat satellite, and US contractor will sign a contract for this package. After two more years, Vinasat satellite will be finished and must launch on the latest on May 23, 2008.

K.HUNG