The
satellite launch company, Arianespace has selected RUAG Space to
manufacture payload fairings contract award for all Ariance 5 launches.
The agreement is worth than CHF100m
($112.25m) was signed in Zurich by RUAG Space Switzerland senior
vice-president Holger Wentscher and Arianespace chairman and CEO
Stéphane Israël and covers the provision of Ariane 5 payload fairings
through 2019.
The payload fairing, placed on the tip
of the launch vehicle, is developed to protect satellites on the launch
pad and all along the initial trajectory through Earth’s atmosphere.
RUAG Space has been collaborated with
the European launcher programme since the beginning, starting with the
first liftoff in December 1979, all 217 Ariane rockets launched to date
have included RUAG fairings.
According to Holger Wentscher - Payload
fairings are an important source of revenue for RUAG Space, which is why
this contract is so vital. Today’s contract marks a big milestone in a
successful association that stretches back 35 years.Read complete story at http://www.tendersontime.com/blog-detail/ruag-space-gets-ariane-5-payload-fairing-contract-129.php
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