NewswireTODAY - /newswire/ - Rome , Italy, 2016/12/15 - Telespazio, a subsidiary of Leonardo - by means of Spaceopal, a joint venture with DLR GfR of the German Space Agency - was awarded a contract with a value of up to 1.5 billion euro to manage Galileo, the European satellite navigation system, which is off. FNC IM; SIFI.MI

• The contract, awarded by the European GNSS Agency (GSA), has a value of up to 1.5 billion euro;
• Galileo is the European satellite navigation system, providing reliable and accurate services for citizens, transport, security, search and rescue, companies, banks and utilities;
• Moretti: following the resolutions of the ESA’s Ministerial Council, a further recognition for Leonardo’s industrial role in the European space sector.

Telespazio, a subsidiary of Leonardo - by means of Spaceopal, a joint venture with DLR GfR of the German Space Agency - was awarded a contract with a value of up to 1.5 billion euro to manage Galileo, the European satellite navigation system, which is officially starting its initial services today. Thales Alenia Space, a joint venture between Thales and Leonardo, has signed contracts for 180 million euro.

The 10-year contract signed by Spaceopal as “Galileo System Operator” covers the operation and maintenance of the Galileo system and its committed performance level: in particular, the operations and control of the system, the logistics and maintenance of the systems and infrastructure as well as the user support services. The “Piero Fanti” Space Centre of Telespazio in Fucino (Italy) will hold a key role in carrying out these activities. Telespazio is also engaged in providing a wide range of applications based on Galileo and EGNOS (European Geostationary Navigation Overlay Service) in sectors such as civil aviation, rail transport, dangerous goods management and unmanned aircrafts control.

“We are proud to contribute with our technology and skills to the Galileo satellite system, which will deliver quality services to citizens around the world and will be a key driver of economic growth and competitiveness”, said Mauro Moretti, CEO and General Manager of Leonardo. “Following the ESA’s Ministerial Council, which confirmed the funding of the space programs in which Leonardo is a key industrial partner, first and foremost ExoMars 2020, contracts signed today are a further acknowledgement of the leading role of the company in the European space sector”.

The contracts signed by Thales Alenia Space relate to the supply of engineering activities to support the European Space Agency (ESA) and GSA (European GNSS Agency) in infrastructure development and Galileo services from 2017 to 2022.

Leonardo has always been a key industrial partner of the Galileo program, for which it also provides the attitude sensors to control the position of the satellites and the hydrogen atomic clocks to mark the time, together with a receiver for the PRS service, designed for government entities and critical infrastructures with special security requirements.

Note
Following the process of the reorganisation of the Leonardo-Finmeccanica Group’s companies, it should be noted that from January 1st 2016: the “Helicopters” division has absorbed the activities of AgustaWestland; the “Aircraft” division has absorbed part of the activities of Alenia Aermacchi; the “Aero-structures” division has absorbed part of the activities of Alenia Aermacchi; the “Airborne & Space Systems” division has absorbed part of the activities of Selex ES; the “Land & Naval Defence Electronics” division has absorbed part of the activities of Selex ES; the “Security & Information Systems” division has absorbed part of the activities of Selex ES; the “Defence Systems” division has absorbed the activities of OTO Melara and WASS.

About Leonardo-Finmeccanica
Leonardo-Finmeccanica (leonardocompany.com) is among the top ten global players in Aerospace, Defence and Security and Italy’s main industrial company. As a single entity from January 2016, organised into business divisions (Helicopters; Aircraft; Aero-structures; Airborne & Space Systems; Land & Naval Defence Electronics; Defence Systems; Security & Information Systems), Leonardo-Finmeccanica operates in the most competitive international markets by leveraging its areas of technology and product leadership. Listed on the Milan Stock Exchange (LDO), at 31 December 2015 Finmeccanica recorded consolidated revenues of 13 billion Euros and has a significant industrial presence in Italy, the UK and the U.S.

Agency / Source: Leonardo S.p.a.

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