Archive

A U.S. Air Force Defense Satellite Communications System (DSCS) spacecraft built by Lockheed Martin [NYSE: LMT] was launched successfully Monday from Cape Canaveral Air Force Station, Fla., aboard a Boeing-built...

Americom Government Services, a wholly-owned subsidiary of SES Global [Luxembourg: SESG] unit SES Americom, won a federal satellite communications services contract from the General Services Administration. Terms were not disclosed....

Through its Dutch distributor, Thrane & Thrane of Denmark will deliver 27 Capsat Fleet77 terminals to P&O Nedlloyd, a global shipping and international logistics company. This will result in 27...

Globecomm Systems [Nasdaq: GCOM], a provider of end-to-end satellite-based communications, entered into three agreements that involve two satellite equipment contracts for $2.3 million and a separate deal to turn OneTouch...

The planned launch Sunday night of Boeing‘s [NYSE: BA] Delta IV rocket from Cape Canaveral, Fla., was rescheduled for tonight after a forecast of 50 mph winds last night caused...

The European Aeronautic Defence and Space Co. [Amsterdam: EAD] is eliminating 1,700 jobs at its Space Division. The division reported a loss of 268 million euros ($296 million) in 2002...

Gilat Satellite Networks [Nasdaq:GILTF] on Monday announced the resignations of its co-founders, Chairman and CEO Yoel Gat and President Amiram Levinberg. The resignations will take effect at the April meeting...

Insuring satellites and launchers is becoming increasingly difficult as underwriters charge ever-higher prices and insist upon broad exclusions for certain risks. Satellite operators and insurance brokers are looking for ways...

Hughes Electronics [GMH] and Boeing Satellite Systems, formerly Hughes Space and Communication (HSC), have agreed to jointly pay a $32 million penalty to the U.S. Department of State to resolve...

By Michelle Dickey The U.S. government’s National Institute of Standards and Technology (NIST) recently released a study indicating that software errors cost the U.S. economy $59.5 billion yearly. These findings...