DTN News - BOEING NEWS: Boeing Satellite Business Celebrates 50 Years in El Segundo
(NSI News Source Info) TORONTO, Canada / EL SEGUNDO, Calif., August 24, 2011: Boeing [NYSE: BA] Space & Intelligence Systems today celebrated 50 years of continuous operations in El Segundo. The ceremony, which featured U.S. Rep. Janice Hahn as the keynote speaker, focused on the company’s role as the world's leading manufacturer of geostationary satellites and a key employer in Southern California.
"There's not a day goes by that someone on this planet doesn’t benefit from the satellites you produce," said Hahn. "This facility is key to the industrial base here in the South Bay and helps to anchor the aerospace industry in Southern California. It is a national asset that has produced nearly 300 satellites -- everything from the first communications satellite in geosynchronous orbit to the most recent GPS IIF satellite that was launched last month."
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