How the Pentagon buys technology in the digital age is a major concern as more of the innovation the military needs is privately funded.
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.
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.
An open system is evaluating "how innovative are people being,” said Lt. Gen. Arnold Bunch.
“We have to have an honest discussion about acquisitions,” said Gen. David Goldfein, the Air Force chief of staff.
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 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.
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.
Its four acquisitions in the past two years are paying off with new contracts including a big recent win with heavy-equipment manufacturer Doosan.
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.
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.