The Satellite News Financial Ticker
Week of Feb. 28 – March 6, 2003 Percentage Change Symbol March 6 Price One Week One Month Three Month Year to Date Operators APT SATELLITE HLDGS ATS 1.60 2.6...
Author: Staff Writer
Americom Government Services Awarded Federal Satellite Contract
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....
Thrane & Thrane Received Capsat Fleet77 Order From P&O Nedlloyd
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 Forges Three Agreements With Partners
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...
Boeing Delta IV Launch Delayed for Weather
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...
EADS To Cut 1,700 Jobs At Space Division
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...
Top Executives at Gilat Step Down
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...
Rising Insurance Rates Inflict Pain
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...
Export Missteps Spur Reforms
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...
Tandberg Launches nCompass Integrated Control and Monitoring
Tandberg Television, a supplier of open-standard products for digital broadcasting, plans to launch its integrated control and monitoring system, nCompass, at the upcoming National Association of Broadcasters 2003 conference. The...