INTERNATIONAL

GE Wins Korea Project: General Electric Co. has won a $400-million project to launch South Korea’s first satellite, published reports said. Korean newspapers, quoting government sources, said the Korean government selected General Electric of Fairfield, Conn., over British Aerospace of Great Britain as the main manufacturer of a telecommunications satellite to be launched in 1995. A spokesman for GE Aerospace, the GE unit in Valley Forge, Penn., competing for the business, said the company had not been notified that a contract had been awarded but was optimistic about its chances. Notification was expected by the beginning of this week.