Options Boost Value of Astrium’s Sentinel-2B Deal

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PARIS — The European Space Agency (ESA) on March 31 exercised several options for its Sentinel-2B multispectral Earth observation satellite that have increased the program’s value to prime contractor Astrium Satellites to 105 million euros ($142 million), Astrium announced.
Sentinel-2B will be a near-identical copy of the Sentinel 2A satellite, also under construction by Astrium under a contract valued at 195 million euros signed in early 2008. As it did with the Sentinel-1 and Sentinel-3 satellites under construction by Thales Alenia Space of France and Italy, the 18-nation ESA negotiated directly with Astrium for a Sentinel-2B, rather than organizing a fresh competition, to reap the savings the manufacturer could offer in producing a second copy of essentially the same spacecraft.
http://www.spacenews.com/contracts/100331-options-boost-value-astrium-sentinel2b-deal.html

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