Boeing Co is scrambling to renegotiate an about $85 million satellite contract that became the first big casualty of the US Export-Import Bank’s loss of its operating charter due to congressional opposition.
Asia Broadcast Satellite last month terminated its order for a Boeing 702SP satellite, although the two say they are continuing to discuss the deal.
On the other hand,
SpaceX played down the threat, and said only two of the 50 launches in its current manifest were due to be backed by the bank.
Orbital ATK has recently relied on the bank for about one satellite deal a year, though doesn’t currently have any Ex-Im backed space business.