OHB System AG, a subsidiary of OHB SE (Prime Standard, ISIN DE0005936124), was informed in writing by the European Space Agency that its proposal for building and testing of further 8 FOC-satellites for the European satellite-navigation system Galileo was selected. A conclusion of the contract of the assignment may be signed at the earliest only after the expiration of the so-called Blackout period on 7th May. Until then, objection to award decisions could be raised.
OHB System has already been prime contractor for the construction of 22 satellites.
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