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Tag Archives: satellite

Matt Desch: First Iridium NEXT Satellites to Launch in April

Matt Desch

TYSONS CORNER, VA, November 13, 2015 — Iridium Communications (Nasdaq: IRDM) has moved back the launch schedule for the first two Iridium NEXT satellites in order to fix an issue discovered on the Ka-band transmit-receive modules, ExecutiveBiz reported Thursday. Spaceflight Now reported Tuesday the satellites will launch instead in April after prime contractor Thales Alenia Space discovered …

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Harris Gets Extension for AF Satellite Control Network O&M; Wayne Lucernoni Comments

Wayne Lucernoni

TYSONS CORNER, VA, November 12, 2015 — Harris Corp. (NYSE: HRS) will continue to operate and maintain the U.S. Air Force‘s satellite control network as part of a $40 million contract extension, ExecutiveBiz reported Tuesday. The company said Tuesday the contract covers support at two U.S. network control locations and at global …

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DigitalGlobe 3Q Earnings Top Wall Street Forecasts; US Gov’t Sales Up 26%


DigitalGlobe (NYSE: DGI) has reported third quarter earnings of 12 cents per share, a figure 1 cent above the consensus Wall Street estimate. The geospatial satellite services contractor posted a profit of $9.6 million compared to $900,000 and no earnings per share reported for the same quarter last year. Revenue increased …

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Orbital ATK 3Q Earnings, Revenue Top Wall Street Forecasts; Company Raises 2015 Outlook

Orbital ATK

Orbital ATK (NYSE: OA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.35 per share, 25 cents above Wall Street analyst forecasts. The Dulles, Va.-based space systems and ammunition maker also posted $1.135 billion in revenue for the quarter on strong …

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TCS Lands $223M US Army Micro Satellite Contract; Michael Bristol Comments


TeleCommunication Systems (Nasdaq: TSYS) has been awarded a $223.4 million contract to produce micro satellite very small aperture terminals for the U.S. Army. TCS said Wednesday will acquire MicroVSAT .65M and .95M terminals and 1.3M Flyaway VSAT terminals from Thales’ Tampa Microwave subsidiary and purchase baseband networking equipment from Klas Telecom. “With the continuing strong demand …

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Aerospace Corp. Gets $828M US Air Force Systems Engineering, Integration Contract Modification

Air Force

The Aerospace Corp. has received a five-year, $828,255,889 contract modification from the U.S. Air Force to engineer and integrate systems for the national space community. Aerospace will work to assess technical performance, monitor the launch vehicle and satellite processing, and validate launch readiness, the Defense Department said Friday. The contract …

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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral


The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60.2 million …

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Iridium Gov’t Revenue Up 12% in 2Q; Matt Desch Offers NEXT Program Update

Matt Desch

Iridium Communications (Nasdaq: IRDM) has reported a 12.5 percent increase in government segment revenue for the company’s fiscal year 2015 second quarter compared to the prior year period. Total quarterly sales for the segment reached $18 million, which the company attributed primarily to its airtime services contract with the Defense …

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David King to Succeed Marc Bendickson as Dynetics CEO; Greg Lester Named President

David King

David King, formerly president of Dynetics, has been appointed CEO of the Huntsville, Alabama-based engineering, applied science and information technology company. Dynetics said Wednesday King will succeed Marc Bendickson, the four-decade company veteran who will remain as chairman of the board of directors. “[King] started the space division, which has become a major …

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Raytheon Awarded $240M Task Order for NASA Data Mgmt System

Raytheon logo

Raytheon (NYSE: RTN) has secured a potential five-year, $240 million task order to further develop and maintain a data management tool for NASA. The space agency said Thursday its Earth Observing System Data and Information System works to store, manage and share scientific data collected from satellites, aircraft and other sources with …

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