Acquisitions
Pentagon moves to cut procurement red tape in a bid to catch up with technology
How the Pentagon buys technology in the digital age is a major concern as more of the innovation the military needs is privately funded.
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Air Force taking steps to speed up space modernization
Space advocates on Capitol Hill have pounded the Air Force for the slow pace of modernization. The four-star general in charge of Air Force Space Command says the message has been heard loud and clear.
Slow acquisition can’t be a national security threat, senior space general says
Long delays with programs could put the U.S. behind adversaries in the increasingly contested space environment, said Maj. Gen. David Thompson, vice commander of Air Force Space Command.
Air Force inviting industry to create GPS ideas, general says
An open system is evaluating "how innovative are people being,” said Lt. Gen. Arnold Bunch.
SMC vice commander taking Pentagon space post
Brig. Gen. Mark Baird will likely be leaving his current post as vice commander of the Space and Missile Systems Center.
Space acquisition needs a clear decision-maker, Air Force chief of staff says
“We have to have an honest discussion about acquisitions,” said Gen. David Goldfein, the Air Force chief of staff.
French Satellite-based Tracking Firm CLS Buys Horizon Maritime
A fast-growing French company specializing in satellite-based maritime surveillance and positioning has purchased a U.S. oceanography and meteorological services company serving the offshore energy market.
Panasonic To Acquire Service Provider ITC Global
Panasonic Corp., whose Panasonic Avionics subsidiary has cobbled together a global network of satellite bandwidth for an in-flight Internet service, has reached agreement to acquire ITC Global, which provides satellite connectivity to the energy, mining and maritime markets.
Asking Price Remains Obstacle to Thuraya Sale
Mobile satellite services operator Thuraya is looking to sell itself to rival Inmarsat in a transaction that has long been expected but has been stalled by the two sides’ inability to agree on a price.
SAIC To Acquire Scitor for $780 Million in Cash
SAIC will acquire intelligence and national-security space support contractor Scitor Corp. for $780 million in cash.
AsiaSat’s Appetite for Acquisitions Stimulated by a No-growth 2013
AsiaSat reported flat revenue for 2013 after one-off expenses and said that in addition to launching two new satellites in 2014, the company is hunting for acquisition targets.
Orbcomm Acquisitions Starting To Pay off with New Contracts
Its four acquisitions in the past two years are paying off with new contracts including a big recent win with heavy-equipment manufacturer Doosan.
Galileo Win, Acquisitions Boost OHB Earnings to New Heights
PARIS — Satellite and rocket-component manufacturer OHB AG reported record revenue and profit in 2011, with acquisitions during the year and continued work on Europe’s Galileo satellite navigation constellation maintaining a momentum that the company said should carry through 2012.
Newly Acquired Hughes Business is a Bright Spot for EchoStar
PARIS — Satellite broadband provider Hughes Communications, which in June was purchased for $2.2 billion by satellite television set-top box builder EchoStar, increased its U.S. consumer broadband subscriber base by 2 percent in the three months ending June 30, EchoStar said Aug. 9.
Ergen Sheds Faint Light on Plans for Newly Acquired DBSD
PARIS — Satellite telecommunications magnate Charlie Ergen said May 2 his $1.4 billion purchase of bankrupt satellite-broadband startup DBSD North America is not the start of a broader plan to use DBSD’s S-band spectrum to create a terrestrial wireless network.
