Month: April 2003

DirecTV Fuels Hughes Recovery

Hughes Electronics [NYSE: GMH] reported one of its strongest recent quarters last week with results that outperformed the expectations of Wall Street analysts across a range of financial metrics. Rising...

Garmin Reaches New Heights

The U.S. military’s Global Positioning System (GPS) offers a ready-made satellite constellation that Olathe, Kan.-based Garmin International has been exploiting commercially. The company is supporting a growing number of consumer...

ITT Gets $31M GPS Contract

Boeing Integrated Defense Systems has awarded ITT Industries’ [NYSE: ITT] Aerospace/Communication Division (A/CD) a contract with a potential value $31 million to upgrade 12 Global Positioning System (GPS) Block IIF...

EMS Signs Up NSSL

EMS Technologies [Nasdaq: ELMG] has signed up UK-based NSSL as a master distributor for its suite of Inmarsat satellite products and services. NSSL will provide service to customers worldwide in...

Boeing Launches Orbital Space Plane Design

Boeing [NYSE: BA] announced that its engineers are designing an orbital space plane (OSP) for the National Aeronautics and Space Administration. Boeing is one of three contractor teams developing proposals...

Space Systems/Loral Completes iPSTAR-1 Testing

Space Systems/Loral (SS/L), a Palo Alto, Calif.-based subsidiary of Loral Space & Communications [NYSE: LOR], has completed static-load testing of iPSTAR-1, the largest commercial communications satellite with a launch weight...

Garmin Catches Wall Street's Attention

Garmin International is supporting a growing number of consumer GPS navigation and location applications that have caught the attention of Wall Street. Parent company Garmin [Nasdaq: GRMN] is enjoying a...