Sep 4 1986

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Martin Marietta Corporation announced that it had signed an agreement to launch a communications satellite for Federal Express from Cape Canaveral, Florida, in 1989. Because the Titan 3 rocket to be used could deliver payloads up to 32,000 pounds, the corporation was searching for another customer to join the launch. Reagan administration officials were quick to point to the agreement as the birth of the private rocket industry. (W Post, Sep 5/86; P Inq, Sep 6/86; LA Times, Sep 5/86)

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