News: Iridium Communications Inc (IRDM.OQ)

IRDM.OQ on NASDAQ Stock Exchange Global Select Market

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Wed, Apr 10 2013

Iridium, Harris upbeat on aircraft-tracking venture

COLORADO SPRINGS, Colorado - Satellite operator Iridium Communications and Harris Corp on Wednesday said a new space-based aircraft-tracking venture will save airlines money, but also holds promise for the U.S. military, which is facing a sharp downturn in spending in coming years.

Iridium, Harris upbeat on aircraft-tracking venture

COLORADO SPRINGS, Colorado, April 10 - Satellite operator Iridium Communications and Harris Corp on Wednesday said a new space-based aircraft-tracking venture will save airlines money, but also holds promise for the U.S. military, which is facing a sharp downturn in spending in coming years.

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