The Vice President of the European Commission, Antonio Tajani, today announced the signature of a contract between the syndicate comprising OHB System AG, a subsidiary of OHB AG, and Surrey Satellite Technology Ltd., Guildford, UK, (SSTL) and the European Space Agency, to build and test a further eight satellites of the European global navigation satellite system established under the Galileo programme.  This contract is worth around EUR 250 million.

OHB System is the prime contractor for the construction of what is now a total of 22 satellites for the system and is responsible for developing the satellite bus and for integrating the satellites. SSTL is developing and constructing the navigation payload and additionally assisting OHB with the final assembly of the satellites. The 22 satellites will undergo final assembly in Bremen.

* The Full Operational Capability phase of the Galileo programme is managed and fully funded by the European Union. The Commission and ESA have signed a delegation agreement by which ESA acts as design and procurement agent on behalf of the Commission. The views expressed in this Press Release can in no way be taken to reflect the official opinion of the European Union and/or ESA."Galileo" is a trademark subject to OHIM application number 002742237 by EU and ESA.

More information on www.ohb-system.de