Author: Staff Writer

Caprock Communications named Britt Carina Horncastle vice president of corporate development May 30. Horncastle will be in charge of managing Caprock’s long-term growth strategy, which includes its presence in emerging...

The boards of Eltek ASA and Nera ASA have agreed to merge, creating a Norwegian telecom giant, the companies announced. The combined company will have leading positions in transmission, telecom...

Space tourism company Space Adventures Ltd. will acquire California-based Space Launch Corp., giving Space Adventures a technology development capability and access to space system intellectual property, the company announced May...

Military space programs, in the past burdened by blunders and underfunding, now are embarked upon a renaissance, a well-known defense analyst asserts. For example, the National Polar-Orbiting Operational Environmental Satellite...

Lockheed Martin Corp. [LMT] and European Aeronautic Defence and Space Co. (EADS) will work together to ensure interoperability of the E.U. and U.S. global positioning satellite-based systems, Lockheed and EADS...

L-3 Communications [LLL] agreed to acquire Crestview Aerospace Corp. [CAC] for $135 million in cash. The acquired business is expected to have annual sales of approximately $120 million in 2006,...

The U.S. Justice Department authorized Bermuda-based Intelsat Ltd. to proceed with its takeover of PanAmSat Holding Corp. [PA], the company announced. Justice officials didn’t seek any conditions on the merger,...

If ballistic missile defense (BMD) systems are developed to the point where they work dependably, they nonetheless will be effective only against limited numbers of incoming enemy missiles, and BMD...

A new weather-spotting satellite was launched successfully into a geostationary orbit, just as the 2006 hurricane season begins. NOAA and NASA announced the launch from the Cape Canaveral Air Force...

The Space Shuttle Discovery is poised for a launch July 1, according to NASA. Discovery has a window of July 1 to July 19 to lift off from the Kennedy...