A Boeing Co. Project to Build Three Satellites for Mexico is Complete

A Boeing Co. project to build three satellites for Mexico is complete. And once the final two are sent to space by 2016, the country’s government communications will rival U.S. capability.

The program, dubbed Mexsat, was signed in 2010, about a $1 billion agreement. The fourth-generation hardware was built and now waits in El Segundo at the company’s satellite factory, which was once a Nash Rambler automobile manufacturing facility.

The network’s purpose is to provide services for military, police and emergency services.

Paul Weisbrich, an aerospace mergers and acquisitions expert for D.A. Davidson & Co . . .