Boeing and Alenia Spazio Announce Transatlantic Partnership for Cooperation in Missile Defense.Business Editors & Aerospace/Defense Writers FARNBOROUGH, U.K.--(BUSINESS WIRE)--July, 23, 2002 The Boeing Co. (NYSE NYSE See: New York Stock Exchange :BA) and Alenia Spazio (a Finmeccanica Company) announced a Memorandum of Understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. to cooperate on ballistic missile defense today at the Farnborough Air Show The Farnborough International Airshow is a seven-day international trade fair for the aerospace business which is held biennially in England. The airshow is organised by Farnborough International Limited, a wholly owned subsidiary of British aerospace industry's body the Society . "Boeing is the prime on integrated missile defense. We have established the MOU that provides an open framework for industrial cooperation. The intent is to establish long-term relationships between Boeing and Alenia Spazio in global missile defense," said Jim Albaugh, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Boeing Integrated Defense Systems Boeing Integrated Defense Systems (Boeing IDS), based in St. Louis, Missouri, USA, is a unit of The Boeing Company responsible for defense and aerospace products and services. unit. Giorgio Zappa, chairman of Alenia Spazio stated: "This agreement confirms the worldwide appreciation of the level of technology achieved by Alenia Spazio in the field of secured communications, radar observation and system integration. We are proud to cooperate with Boeing in such a challenging endeavour." A unit of The Boeing Co., Boeing Integrated Defense Systems, or IDS, is one of the world's largest space and defense businesses. With headquarters in St. Louis, Boeing Integrated Defense Systems has annual sales of 23 billion USD. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance Intelligence, Surveillance and Reconnaissance may refer to:
Alenia Spazio, a company of Finmeccanica, is the major Italian space industry with important roles in the major international space programs; the know-how and experience acquired make the company one of the European leaders in the field. At present, the company is active in four sectors: telecommunications/navigation, remote sensing, orbital infrastructures and scientific satellites. Among the key technologies that may be used in the area of global missile defense, Alenia Spazio has built the Sicral military telecommunication satellite, which is currently serving the Italian peace-keeping missions, and is developing the innovative Ka-band satellite and the Cosmo-SkyMed constellation with synthetic aperture radar Synthetic aperture radar (SAR) Radar, airborne or satellite-borne, that uses special signal processing to produce high-resolution images of the surface of the Earth (or another object) while traversing a considerable flight path. satellites for dual use applications. |
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