Lockheed Links Up with Intersputnik in Space
Kline, Alan, The Washington Times (Washington, DC)
Lockheed Martin Corp. will join forces with Russia's Intersputnik communications network to bring cellular telephone and satellite television services to customers in Eastern Europe, South Asia and other underdeveloped regions.
The Bethesda-based defense giant announced yesterday that its Space and Strategic Missiles Sector will work with Intersputnik in designing and launching global communications satellites.
Company officials project that with demand for wireless communications services growing at a rate of 15 percent a year worldwide, the partnership's annual revenues will reach $300 million to $500 million by 2001.
"In less-developed countries where there's no infrastructure, a single satellite can wire an entire region," said Mel Brashears, the president and chief operating officer of the Space and Strategic Missiles Sector. He said the new venture, Lockheed Martin Intersputnik Ltd., will deploy its first satellite, a Lockheed Martin A2100, in late 1998.
This is not the first venture between Lockheed Martin and the Russian space program. The company's international launch service uses Russia's Proton rocket to deploy satellites from a launch pad in Kazakhstan.
Lockheed Martin Intersputnik will be based in London and have a marketing office in Moscow. Its customers will include broadcast companies that offer such services as direct satellite television and providers of cellular telephone service.
The Soviet Union formed Intersputnik in 1971 to offer global telecommunications services to Communist ruled nations such as Cuba and Poland. …