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Iridium, Boeing Restructure Satellite Operations, Maintenance Partnership; Matt Desch Comments

Matt Desch
Matt Desch

TYSONS CORNER, VA, Dec. 1, 2016 — Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday.

The firms will also signed a new development services contract in preparation for the launch and transition to the NEXT satellite broadband service, Iridium said Wednesday.

“The Boeing operations team has been an incredibly vital group to Iridium since the year 2000, and we are excited to welcome them into the Iridium employee family, ” said Iridium CEO Matt Desch.

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