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Galileo effectively put on ice: companies ‘just not working’

Submit on Thursday, March 15th, 2007 22:27

The European Commission said it was concerned over big delays and cost overruns facing Europe’s planned satellite-navigation system Galileo. The companies involved have practically stopped working on the project because of questions over the project’s profitability, the Financial Times reported.

This entry was posted on Thursday, March 15th, 2007 at 10:27 pm and is filed under BUSINESS. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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