Spacecom and Israel Aerospace Industries Signed a Purchase Agreement for Amos-6 Satellite; Deal Estimated at $195 Million
Israel Aerospace Industries President and Chief Executive Joseph Weiss sat beside Spacecom head David Pollack at Ben Gurion Airport yesterday and signed a single document that binds both companies to deliver, launch, and operate the Amos-6 communications satellite for roughly $195 million. The agreement’s signature ends nine months of negotiation, locks the delivery calendar, and maintains Israel’s ambition to keep national satellites working at the crowded 4° West slot.