ICESAT Spacecraft Passes Final Test
The Goddard Space Flight Center‘s Ice, Cloud and Land Elevation Satellite (ICESat) has completed testing of its laser altimeter, its final test before full operation. The focus of the operations...
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Boeing Delta IV Launch Set for First Air Force EELV Mission
A Boeing [NYSE: BA] Delta IV rocket is scheduled to launch the first satellite for the U.S. Air Force Evolved Expendable Launch Vehicle program on Saturday from Cape Canaveral Air...
Israel Court Approves Gilat's Debt Restructuring Plan
Gilat Satellite Networks [Nasdaq:GILTF] has received approval from the Israel District Court in Tel Aviv for its debt-restructuring plan. The court’s approval of the plan, allowing the company to restructure...
Hughes Moves Closer To Sale After AOL Break-up
The break-up of an alliance between Hughes Electronics [NYSE: GMH] and America Online appears to be a move to prepare for the eventual sale of Hughes, a non-core business unit...
Boeing, Hughes Agree To Pay $32 Million Penalty For Alleged Export Missteps
Hughes Electronics [NYSE: GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication Co., reached a $32 million settlement with the U.S. Department of State involving claims of technology transfer...
Motorola Settles Chase Manhattan Claims Stemming From Iridium's Collapse
Motorola [NYSE: MOT] reached an out-of-court settlement that covers all five remaining lawsuits filed against the company by Chase Manhattan Bank due to the financial failure of Iridium LLC, a...
Sirius Debt Holders Approve Refinancing
The path is clear for Sirius Satellite Radio [Nasdaq: SIRI] to operate without the financial questions that have followed it in recent months after its debt holders approved a recapitalization....
FiberSat Gains Pact With Hotelevision
FiberSat Global Services, previously known as McKibben Communications, won a contract from Hotelevision to handle satellite installation services, technical support and installation base management, company officials said. FiberSat Global Services’...
ITT To Build Teleports for Naval Satellite Communications System
ITT Industries [NYSE:ITT] has been awarded a contract by the Department of the Navy‘s Space, and Naval Warfare Systems Command to provide hardware and software for the management and control...
FAA Selects Lockheed Martin-Led Team To Provide WAAS Satellite Services
The Federal Aviation Administration has awarded a contract to Lockheed Martin Air Traffic Management for wide-area augmentation system (WAAS) satellite leased communication services. As the FAA moves toward implementation of...