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Arianespace, Boeing and Mitsubishi Heavy talking alliance
TOKYO (AFP) Jun 16, 2003
Japan's Mitsubishi Heavy Industries is in talks with Europe's Arianespace and Boeing of the United States over an alliance in the satellite launch business, a Mitsubishi spokesman said Monday."It is true that we are negotiating," Mitsubishi Heavy spokesman Hiroyuki Yamakado said. The three rival firms are negotiating details of a scheme that would allow them to make rockets available to each other for their customers' convenience, the official said without elaborating further. Until now, the launch contractor has provided a replacement when it fails in a rocket launch, causing a delay and trouble for customers. The Asahi daily said the rockets to be covered by the scheme would be the H2-A built by Mitsubishi, Ariane-5 by the European consortium and Boeing's Sea-Launch. The client company of any one of the three would be able to switch to a back-up rocket to be launced by either of the other two, the paper said in its evening edition.
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