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Iridium Reports 7% Revenue Jump in FY 2014, 11% for Gov’t Segment; Matt Desch Comments

Iridium Communications (NASDAQ: IRDM) has announced financial results for the fourth quarter and its full 2014 fiscal year ended Dec. 31, 2014. The McLean, Va.-based satellite services provider said its full-year revenue increased 7 percent from 2013 figures to $408.6 million and 2 percent for the quarter to $100.5 million from …

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Ed Spitler: Airbus Division Wins USSOCOM Satcom Airtime Services BPA

An Airbus Group subisidiary has won a potential five-year, $32.6 million blanket purchase agreement to deliver L-band satellite airtime services to the United States Special Operations Command. Airbus Defense and Space will provide USSOCOM satellite communication services through Inmarsat‘s Broadband Global Area Network as well as FleetBroadband and SwiftBroadband networks, …

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