Background:
Orbital recently announced a major expansion to its launch vehicle engineering and production facilities in Chandler, Arizona. Orbital currently occupies over 350,000 square feet and employs nearly 1,500 people at its South Price Road facility. To accommodate its anticipated growth, Orbital plans to add up to another 220,000 square feet of office and engineering space capable of housing almost another 1,000 people over the next several years. Orbital will become an anchor corporate tenant of The Waters at Ocotillo corporate, retail and residential development project, which is adjacent to Orbital's main facility.
Where: Orbital's Chandler, Arizona Facility 3380 South Price Road Chandler, Arizona 85248 Date: November 20, 2008 Time: Official remarks begin at 9:30 a.m. Participants: Mr. Ron Grabe - Orbital's Executive Vice President and General Manager of the company's Launch Systems Group Mayor Boyd Dunn - City of Chandler Mr. Robert Gilbane - President and Chief Executive Officer, Gilbane Development Company Agenda: 9:30 a.m. Official remarks 9:45 a.m. Ground breaking ceremony/photo opportunity 10:00 a.m. Media interviews available with ceremony participants 10:15 a.m. End of event Media Parking: Parking lot in public park on South Price Road between Queen Creek Road and Dobson Road
About Orbital
Orbital develops and manufactures small- and medium-class rockets and space systems for commercial, military and civil government customers. The company's primary products are satellites and launch vehicles, including low-Earth orbit, geosynchronous-Earth orbit and planetary spacecraft for communications, remote sensing, scientific and defense missions; human-rated space systems for Earth-orbit, lunar and other missions; ground- and air-launched rockets that deliver satellites into orbit; and missile defense systems that are used as interceptor and target vehicles. Orbital also provides satellite subsystems and space-related technical services to government agencies and laboratories.
SOURCE: Orbital Sciences Corporation
Orbital Sciences Corporation Barron Beneski, 703-406-5528 Public and Investor Relations beneski.barron@orbital.com