Monday, 2 February 2015

RUAG Space gets Ariane 5 payload fairing contract

RUAG Space gets Ariane 5 payload fairing contract
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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