Iridum Taking In-House Some Satellite Work Done by Boeing

Iridium is taking over much of the satellite operations and maintenance work done for it by Boeing, it said in a news release Wednesday. It expects to hire most of the Boeing staffers who do operations and maintenance on its satellites starting in January. Iridium said it will go into a separate development services contract with Boeing. Iridium's first launch of its Next satellite constellation approaches and the company plans to start transitioning to that new constellation.