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C4ISR | Contracts - Awards | European Union (EU) | Project Methodologies | Satellites & Sensors | Space | Top Stories

EU Renders Non-Decision on Galileo Bids

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The European body tasked with selecting a consortium to run the Galileo satellite navigation project announced March 1 that it was unable to select a winning bidder to build its EUR 3.2B ($4.2B) Galileo satellite navigation system. It asked the Eurely and iNavSat consortia to resubmit bids for a final selection within three months. The GJU office in charge of the project noted that the two received bids were very close technically, and stated their belief that that extending the negotiations will lead to further improvements in offers. At the same time, private investors in the project are concerned that commercial considerations are taking a back seat to politics. The bidding concsortiums themselves expressed dismay at this 'decision,' with one source noting that it could lead to cost increases and a delay in service provision....

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