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Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M in cash and stock. “The acquisition better positions Comtech to take advantage of key marketplace trends, particularly the growing demand for satellite connectivity and the enormous long-term opportunit...

Iridium Communications (Nasdaq: IRDM) and Amazon Web Services have officially launched a satellite-enabled cloud computing service offering for connected device users worldwide. "CloudConnect illustrates how the Iridium network can connect, monitor and control assets virtually anywhere on the planet," said Matt Desch, CEO of Iridium and ...

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTX), said UTC hopes to close its potential $120B merger with Raytheon (NYSE: RTN) by early April and has begun planning for the integration of the two companies, the Hartford Business Journal reported Tuesday....

The U.S. subsidiary of Australia-based defense and space company Electro Optic Systems has agreed to acquire Audacy for approximately $6.7M in a move to leverage the latter’s spectrum license for microwave communications....