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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: blake_paterson who wrote (1979)	12/1/1998 8:23:00 PM
From: blake_paterson	Read Replies (1) \| Respond to of 2394

Orbital Successfully Launches Suborbital Rocket PR Newswire, Tuesday, December 01, 1998 at 15:41 Company Carries Out Seven Successful Launches in Less than Four Months Mission Represents Company's 34th Consecutive Successful Rocket Launch DULLES, Va., Dec. 1 /PRNewswire/ -- Orbital Sciences Corporation (NYSE:ORB) announced that it recently launched a suborbital rocket for the U.S. Air Force's Space and Missile Center in a mission that originated from Hawaii. This latest mission represents another success for the company's Launch Systems Group, which has now carried out seven successful launches of its Pegasus, Taurus and suborbital vehicles in less than four months. Orbital is also planning its next Pegasus rocket launch in early December, its eighth mission in the same four-month period. As the world's busiest rocket company over the past four months, Orbital's launch teams overcame significant logistical challenges by conducting these missions from six different launch sites around the country, including sites in Alaska, Hawaii, Florida, California, Virginia and New Mexico. Orbital's most recent launch represented its 102nd overall suborbital launch, a depth of experience only a few companies in the world can match. Orbital is one of the largest space and information systems companies in the world, with 1998 revenues of approximately $750 million. The company, which is headquartered in Dulles, Virginia, employs 4,200 people at its major facilities in eight states and several international locations. Orbital is the world's leading manufacturer of low-cost space systems and products, including satellites, launch vehicles, electronics and sensors, satellite ground systems and software, and satellite-based navigation and communications products. Through its ORBCOMM and ORBIMAGE affiliates, Orbital is also a pioneering operator of satellite networks that provide data communications and high-resolution imagery services to customers all around the world. SOURCE Orbital Sciences Corporation -0- 12/01/98 /NOTE TO EDITORS: To learn more about Orbital Sciences Corporation and to access its recent press releases, visit the company's Web site at www.orbital.com./ /CONTACT: Barron Beneski of Orbital, 703-406-5000, or beneski.barron@orbital.com/ /Web site: orbital.com