(Reuters) - Boeing Co (N:BA) said it received a contract to build its third all-electric propulsion satellite for privately held commercial satellite provider ABS.
Boeing, which competes with Lockheed Martin Corp (N:LMT) and Elon Musk's SpaceEx in the commercial satellite market, said the satellite, ABS-8, is scheduled for delivery in 2017.
ABS-8 will expand broadcast and enterprise services to Australia, New Zealand, the Middle East, Russia, South Asia and Southeast Asia, the company said. (http://bit.ly/1JKROfI)
The ABS-8 has a payload of more than 9 kilowatts, making it the highest power payload to date on a Boeing 702SP (small platform).
ABS is a commercial satellite provider based in Bermuda and Hong Kong.