"NASA has elected to exercise the first of two available contract options for procurement of an additional Tracking Data Relay Satellite (TDRS) from Boeing Satellite Systems, Inc. of El Segundo, Calif. The estimated value of the contract option is $289 million and extends the period of performance through April 2024. Exercising the option will allow Boeing Satellite Systems to retain at least 300 American jobs."
Keith's note: So ... the major point NASA wants to drive home to the media is that this government procurement saves hundreds of jobs. What this satellite actually does is of seconardy importance. Curiously, Boeing (who actually got the contract) makes no mention of "hundred of jobs saved" in their press release.