Month: August 2004

Premiere's Financials In The Black

Premiere, the German satellite pay-TV operator, reached profitability in the second quarter this year. Premiere’s CEO Georg Kofler commented, “Premiere has finally turned EBITDA positive, a major milestone has been...

AIA Names New Assistant VP Of Technical Operations

The Aerospace Industry Association (AIA) promoted Bruce Mahone to the position of assistant vice president of technical operations, responsible for coordinating the activities of AIA’s Technical Operations Council. Mahone has...

At Press Time: A Tale Of 2 Sales

Affiliates of Kohlberg Kravis Roberts & Co. L.P., The Carlyle Group and Providence Equity Partners Inc. (KKR) appear to be looking to make a serious bid for Intelsat. The KKR...

Top Execs Aim For Kistler Re-Vamp

Kistler Aerospace’s board of directors boosted the bankrupt company’s efforts to raise $500 million to complete the development of a reusable launch vehicle by naming two prominent industry executives to...

EchoStar Grows At Rival Cable's Expense

Englewood, Colo.-based EchoStar Communications [DISH] briskly grew its subscribers and revenues during second-quarter 2004, compared to the same quarter last year. According to CEO Charlie Ergen, his performance left it...

India Plans Education Satellite Launch

India scheduled the launch of its Edusat satellite for mid-September. The launch of the satellite, dedicated to delivering educational content to Indian users, will be a milestone for the Indian...

ITT Buys Kodak's Remote Sensing Business

ITT Industries Inc. [ITT] completed the purchase of the Remote Sensing Systems (RSS) business from Eastman Kodak Co. [EK] for $725 million in cash. According to the buyer, the acquisition...