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Boeing May Gain $400 Million-Plus Intelsat Order For Four Satellites

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The Boeing Co. [BA] may receive a $400 million-to-$550 million order from Intelsat Ltd., which would have the Chicago firm build up to four satellites, The Wall Street Journal reported. No final deal has been signed, but negotiations are progressing and may conclude in a few weeks. Boeing can use the business, which would expand Boeing's government-heavy satellite production concentration into the private area. Boeing commercial airliner customers have faced tough times, ranging from travel cutbacks to gyrating fuel prices…

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