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Latest Financial Report News from SN

The New York-based satellite ground communications equipment manufacturer has been refocusing its business away from the U.S. government since its 2010 loss of a big U.S. Army communications contract.
Gilat Satellite Networks said its business, both military and civil/commercial, is on the upswing and should improve markedly by late this year.
Tullahoma, Tennessee-based Jacobs Technology won the original Engineering and Science Services and Skills Augmentation contract in 2012.
Sea Launch said it has begun a broad cost-cutting initiative to carry it through a gap in launches that the company hopes will end sometime in 2015 or 2016.
AsiaSat said a combination of lower prices on certain contracts, nonrenewals of others and the reduced demand by the U.S. military in the Middle East resulted in lower overall satellite transponder...
A U.S. District Court judge on Aug. 8 rejected a jury award of $283 million in damages to ViaSat Inc. in ViaSat’s patent-infringement lawsuit against satellite builder Space Systems/Loral but left...
The small-satellite industry is transforming as suppliers who previously focused on providing products and services for individual spacecraft look for ways to profit from the growing number of...
Orbcomm said the six second-generation satellites it launched on July 14 are proceeding through in-orbit tests and should be in service by September.
EchoStar said growth of its Hughes U.S. satellite-broadband consumer service slowed in the three months ending June 30 as subscriber additions were undercut by customers quitting the service.
Loral said it is continuing to explore a transaction with an unnamed high bidder.


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