Thales Alenia Space (Thales 67%, Finmeccanica 33%) signed a contract with the European Space Agency (ESA) for Phase B in the development of a new generation geostationary satellite platform through the Neosat programme. The 18.2 million euro contract falls within the framework of the Artes 14 programme, and was jointly awarded to Thales Alenia Space and Airbus Defense and Space, with Thales Alenia Space acting as proxy. The announcement cited the total budget for the project as 259 million euro. (Il Sole 24 Ore Radiocor)