The Korea Aerospace Research Institute has signed a $16.85 million contract with China Great Wall Industry Corporation to launch the Arirang 2 remote sensing satellite, formerly known as Kompsat 2, aboard a Long March 2C booster from Xichang, China, in 2004. The $176 million Arirang 2 satellite is being built by Europe's Astrium and El-Op of Israel, and will be used to provide 1m (3ft) and 4m resolution images of the Earth.
Source: Flight International