| Displaying 1 - 20 of 53 matching stories. |
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| 01.07.2009 |
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Industry Executives Reveal Expectations for 2009 (Part 3) 
[Satellite News 01-07-09] While 2009 may present economic challenges to the satellite industry, a majority of executives are excited about taking advantage of the opportunities that often present themselves in a crisis. Satellite executives gave Satellite...
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| 12.30.2008 |
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Industry Executives Reveal Expectations for 2009 (Part 1)
[Satellite News 12-30-08] The satellite industry was largely shielded from the full impact of the global recession in 2008 and some companies posted record-setting yearly profits, a majority of executives told Satellite News. However, when...
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| 12.22.2008 |
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Dassault Acquires Alcatel-Lucent Share Of Thales
Dassault Aviation signed papers to acquire Alcatel-Lucent [ALU] shares in Thales, Alcatel-Lucent announced. The deal...
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| 12.16.2008 |
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Analyst: SES, Eutelsat Attractive for Investors
[Satellite News 12-16-08] SES and Eutelsat Communications are attractive propositions for investors in a credit crunch era, according to Morgan Stanley satellite equity analyst Sarah Simon. “We are sufficiently relaxed about the...
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| 12.15.2008 |
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Boeing Missile Defense Program Contributes Millions To Arizona Economy
The Boeing Co. [BA] missile shield effort, the Ground-based Midcourse Defense (GMD) program, contributed more than $193 million to Arizona's economy last year, the company reported. Boeing also supported more than 1,900 direct and indirect jobs in the state...
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| 12.15.2008 |
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Missile Industry Sees Growth In 2008, Expects Slowdown in 2009
Space Industry Sales Seen Gaining 4.4 Percent This Year, Easing To 2.1 Percent Next Year Obama Urged To Refrain From Cutting Aerospace, Defense Program Funding The U.S. missile industry continued a years-long streak by posting still more solid sales growth in...
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| 12.12.2008 |
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Obama Administration Considers Solar Satellites As Part of Energy Plan
[Satellite News 12-12-08] President-elect Barack Obama’s transition team is considering what it calls, “not-yet-refined technology,” which includes solar energy-collecting satellites, as part of its energy plan, according to the...
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| 12.08.2008 |
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Contracts
Draper, BAE, General Dynamics Gain $291.6 Million Trident Contracts Lockheed Earlier Gained $729 Million Of Trident Work From Navy The Navy gave Charles Stark Draper Laboratories, BAE Systems and General Dynamics Corp. [GD] a total $291.6 million in contracts...
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| 12.08.2008 |
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Astrium Services CEO Sees France Adopting U.K. Communications Model
[Satellite News 12-08-08] Astrium Services CEO Eric Béranger believes the company’s focus on the institutional market means it is less likely to be impacted by the credit crunch due to the services the company provides. ...
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| 12.03.2008 |
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Iridium Sees Strongest Equipment Shipping Results In Company’s History
[Satellite News 12-03-08] Despite concern from some analysts over how the credit crunch would affect satellite industry customers, Iridium reported its best quarter for number of units shipped in the company’s history, Iridium CEO Matt Desch told...
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| 12.01.2008 |
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Contracts
SAIC Gains $69.3 Million Contract For Support Services At Kennedy NASA selected Science Applications International Corp. [SAI] of Houston to provide project management support services at Kennedy Space Center, Fla. The contract begins Feb. 1, with a two-year...
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| 11.24.2008 |
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Contracts
Pratt Gains $12.2 Million MDA Liquid Propellant System Contract The Missile Defense Agency gave Pratt & Whitney Rocketdyne, a unit of United Technologies Corp. [UTX], a $12.2 million cost plus fixed fee contract to develop, fabricate, and test a liquid...
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| 11.24.2008 |
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Obama Focusing On Funding Economic Stimulus
President-elect Obama is focusing on the weak economy and financial system crisis, along with auto industry woes, raising questions as to how much new money will be available for programs such as defense and space. Obama said during his successful campaign to...
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| 11.17.2008 |
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GMD System Pumps $246 Million Into Alaskan Economy in 2007
The Boeing Co. [BA], through its work on the Ground-based Midcourse Defense (GMD) system, added more than $246 million to the Alaska economy last year, Boeing announced. GMD includes interceptors installed in ground silos in Alaska and California. That...
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| 11.17.2008 |
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Contracts
Raytheon Gains $54 Million Multiple Kill Vehicle Contract The Missile Defense Agency gave Raytheon Co. [RTN] a $54 million contract to continue design and development of a Multiple Kill Vehicle (MKV-R). That MKV will counter complex ballistic missile threats...
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| 11.13.2008 |
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Intelsat Reports Revenue Increase, Record Backlog in Third Quarter
[Satellite Today 11-13-08] Intelsat Ltd. saw a 10 percent increase in revenues to $598.5 million in its 2008 third quarter, the company announced Nov. 12. Despite a net loss of $179.3 million, Intelsat grew its adjusted EBITDA 11...
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| 11.13.2008 |
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How Satellite Operators Stay Above Economic Fray
[Satellite News 11-13-08] The key factors in the third quarter financial success of satellite operators Inmarsat and Intelsat have been efficiently managing and maximizing bandwidth for customers and strong support from government customers, according to...
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| 11.06.2008 |
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Analyst: Sirius May Have to Renegotiate Content-Related Contracts to Survive
[Satellite News 11-06-08] Lucrative contract offers from Sirius XM Satellite Radio to its on-air content are key drivers of the company’s reported massive debt and may have to be renegotiated before they are up for renewal according to industry analyst...
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| 11.05.2008 |
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Gilat Files Suit After Investment Group Refuses to Pay Termination Fee
[Satellite News 11-05-08] Gilat Satellite Networks has filed lawsuits against Mivtach Shamir Holdings, LR Group, Gores Capital Partners, and DGB Investments Inc., accusing the companies of failing to pay a termination fee due to Gilat after a deal to purchase...
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| 11.04.2008 |
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Sirius Faces Stockholder Lawsuit, Debt Issues in 2009
[Satellite News 11-04-08] Sirius XM Satellite Radio has been sued by Save Sirius, a group formed by 500 shareholders of the formerly independent Sirius Satellite Radio. The group charges top Sirius executives, including CEO Mel Karmazin, of...
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