Author: Staff Writer

XM Plans To Replay GM Debt Early

XM Satellite Radio Inc. is negotiating to pay some of its debt to General Motors (GM) early, XM said in an April 17 filing with the U.S. Securities and Exchange...

Andrew Acquires Precision Antennas

Andrew Corp., has acquired England’s Precision Antennas Ltd., a provider of antennas for terrestrial and satellite communications systems. Andrew paid about $26 million to acquire the subsidiary of U.K.-based Cobham...

Kia To Offer Sirius Satellite Radio

Sirius Satellite Radio and Kia Motors America announced April 13 that Kia will exclusively offer Sirius as factory standard equipment in all of its vehicles. The agreement runs through 2014,...

Global Hawk

Northrop Grumman Systems Corp., San Diego, Calif., is being awarded an $89.3 million cost plus award fee contract modification for the Multi-Platform Radar Technology Insertion Program includes the design build...

Hughes Closes Debt Financing Offer

Hughes Communications Inc. raised $450 million through an offering of notes by its wholly owned subsidiaries, Hughes Network Systems LLC (HNS) and HNS Finance Corp., Hughes announced April 13. The...

Lockheed Martin

Lockheed Martin Corp., Maritime Systems and Sensors, Manassas, Va., is being awarded a $21 million cost-plus-incentive-fee/award-fee modification to previously awarded contract (N00024-04-C-6207) for additional engineering services under acoustic rapid commercial...

Satellite Radio Awareness Up In 2006

Awareness of XM Satellite Radio and Sirius Satellite Radio among people 12 and older has reached 61 percent, according to a study by Arbitron Inc. and Edison Media Research. Nearly...

Raytheon Systems

Raytheon Systems, Network Centric Systems, North, St. Petersburg, Fla., is being awarded a $19 million cost-plus-fixed-fee modification under contract (N00024-06-C-5101) to exercise an option for cooperative engagement capability (CEC) design...