Author: Staff Writer

Iridium Satellite LLC reported revenues of $53.6 million in its 2006 second quarter, finishing the period with 159,000 subscribers around the globe, the company announced July 24. Earnings before interest,...

XM Satellite Radio appointed Nate Davis to the newly created position of president and chief operating officer, the company announced July 24. Davis has been a member of XM’s board...

France Telecom signed an agreement to sell its stake in France Telecom Mobile Satellite Communications SA to investment funds managed by Apax Partners SA for 60 million euros ($76.1 million)...

Canal Digital, the Nordic direct-to-home operator, reported slow subscriber growth in the 2006 second quarter. The platform, owned by Telenor, ended the quarter with 687,000 subscribers, an increase of just...

Mercury Computer Systems Inc. received an $8.6 million contract from an unnamed company to provide a communication platform for a commercial ground-based satellite beam- forming application, the company announced July...

The Senate Appropriations Committee (SAC) provided billions of dollars in funding for myriad military missile programs in the fiscal year ending Sept. 30, 2007. That funding was part of an...

Northrop Grumman Corp. [NOC] is proposing a ground-based system to protect airliners from terrorist missiles fired near airports, the company announced. While Northrop has designed an aircraft-based anti-missile system, some...

A staged combustion liquid rocket booster engine achieved full power in a test at at the NASA Stennis Space Center near Bay St. Louis, Miss., Aerojet, a GenCorp Inc. [GY]...

Cuts to NASA aeronautics budgets are undermining critical research for the Next Generation Air Transportation (NGATS) program, an Aerospace Industries Association (AIA) leader told Congress. AIA includes as members the...

The Army gave Lockheed Martin [LMT] $36 million for Army Tactical Missile System unitary product improvement missiles, the company announced. First flight of the improved system is expected in January...