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Space Industry Execs Warn Of Coverage Gaps In Weather, Observation Satellites

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Space industry executives yesterday warned of coverage gaps in weather and earth observation satellite systems as time runs out to avert budget sequestration. During a Capitol Hill press briefing held by the Aerospace Industries Association (AIA) trade group, representatives from Lockheed Martin [LMT], ITT Exelis [XLS] and Ball Aerospace [BLL] all touted the value that the space systems they help develop bring to society. The briefing was the first of three AIA scheduled to bolster its position to highlight the…

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