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1. Honeywell Signs MOU with OneWeb
Honeywell Aerospace has signed a memorandum of understanding with OneWeb under which Honeywell will provide aircraft equipment and airtime services to bring the benefits of OneWeb’s planned satellite constellation to business, commercial and military aircraft. OneWeb is building a constellation of more than 600 satellites, which will provide approximately 10 terabits per second of
2. CNES Awards CO3D Contract to Airbus
Airbus has been awarded the CO3D (Constellation Optique 3D) contract by the French Space Agency, CNES. Following launch, expected end of 2022, the Airbus-made CO3D constellation, comprising four identical satellites, will deliver 50cm resolution stereo imagery across the world on a daily basis. The data acquired will feed a cloud-based processing chain operated by Airbus and integr
3. IHG Receives Binding Offer for InterContinental Paris - Le Grand
InterContinental Hotels Group has received a binding offer from Constellation Hotels Holding Limited to acquire InterContinental Paris – Le Grand. The proposed purchase price is €330 million ($442 million), payable in cash at completion. Constellation has made a further commitment to invest over time an estimated €60 million in future hotel renovations.
4. IHG Sells 80% Interest in InterContinental New York Barclay
Constellation Barclay Holding US, LLC, which is an affiliate of Constellation Hotels Holding Limited, has agreed to acquire an 80% interest in a joint venture with InterContinental Hotels Group to own and refurbish the InterContinental New York Barclay. The 80% interest will be acquired for gross cash proceeds of $240m, which values the hotel at $300m prior to refurbishment. IHG wi
5. Boeing and U.S. Air Force Complete GPS IIF Constellation
Boeing and the U.S. Air Force completed the GPS IIF constellation on Friday, with the launch of the 12th Boeing-built satellite. Following on-orbit tests, GPS IIF-12 will be formally declared operational in approximately one month, making it the 50th GPS satellite Boeing will have delivered on orbit to the Air Force.
6. IHG Sells InterContinental London Park Lane
InterContinental Hotels Group has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding Limited, a Middle Eastern private investment group. IHG’s leasehold interest in the hotel has been sold for gross cash proceeds of £301.5m, 62% above 31 December 2012 net book value.
7. Starwood Sells The St. Regis, Rome
Starwood has sold The St. Regis, Rome to subsidiaries of Constellation Hotels Holding for €110 million (approximately US$150.7 million). Starwood will continue to operate the hotel under the St. Regis brand flag as part of a new long-term management agreement.
8. ECAPS Signs Contract with Skybox Imaging for 12 HPGP Systems
ECAPS, an SSC Group company, has been awarded a contract by Skybox Imaging to supply 12 complete HPGP propulsion system modules for the SkySat constellation of high-resolution imaging and video-capable satellites. This contract represents the largest order to date for HPGP systems and is a follow-on to the previously awarded contract for a modular HPGP system for SkySat-3, the firs

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