Ex-Im
Senate committee blocks controversial Ex-Im Bank chairman nominee
The Senate Banking Committee rejected the White House’s controversial nominee to chair the board of the Export-Import Bank while approving four other board nominees, a step towards allowing it to start financing aerospace deals again.
Senate to hold confirmation hearing on Ex-Im Bank board nominees
For some in the space industry, the confirmation hearing they will be paying close attention to on the morning of Nov. 1 will not be the one by the Senate Commerce Committee to consider the nomination of Jim Bridenstine to be NASA administrator.
Trump nominates two former congressmen to Ex-Im Bank board
The White House announced April 14 that President Donald Trump had nominated to the board of the Export-Import Bank two former members of Congress, one of them a staunch critic of the bank’s lending practices.
U.S. Trade Representative nominee waiting for White House instructions on Ex-Im Bank
Robert Lighthizer told senators it would be up to President Trump to nominate new board members for the bank.
Ex-Im’s satellite-lending lapse didn’t stop Israel’s Spacecom from buying American
Spacecom is buying its newest spacecraft from an American supplier without relying on financial support from the Export-Import Bank of the United States, according to a company official.
Temporary spending bill could end Ex-Im Bank logjam
The Obama Administration is seeking language in a temporary spending bill Congress must pass by the end of September that would allow the Ex-Im Bank to resume approvals of large deals, including those involving commercial satellites.
Orbital targets July for 1st flight of redesigned Antares rocket
Satellite and rocket builder Orbital ATK on May 5 said its re-engined Antares medium-lift launch vehicle likely would make its first flight in July and would be nicely profitable for Orbital even if it wins no other customers beyond its current NASA space station resupply business.
Ex-Im Reauthorization, Budget Deal Herald a (Hopefully) Saner U.S. Congress
After several years of taking legislative dysfunction to new heights, the U.S. Congress has shown signs in recent weeks of a return to some semblance of sanity.
House Passes Ex-Im Bank Reauthorization Bill
The House of Representatives passed legislation Oct. 27 to reauthorize the U.S. Export-Import Bank, but the bill’s prospects in the Senate are uncertain.
Op-ed | Don’t Shoot Down the U.S. Space Industrial Base
Congress should act now to reopen Ex-Im’s doors and stop undermining one of our most dynamic industrial sectors.
Space-Related Bills Await Action By Congress
Congress expects to take up several key pieces of space-related legislation in the next few weeks, from reauthorization of the U.S. Export-Import Bank to the final version of a commercial space bill, two House members said Oct. 21.
The Import of the Satellite Exporter’s Bank
A few years ago, many in the space industry hadn’t heard of this bank. Even today, its role in the industry is not widely known except among those who build commercial satellites and sell commercial launches. Yet in the last five years it’s become a critical tool for those companies. At least, when the bank is open for business.
Orbital Blames Lost Satellite Deal on Ex-Im Closure
As a second U.S. satellite manufacturer reported losing contracts because of the lack of export credit financing, industry executives argued that reauthorization of the Export-Import Bank of the U.S. is essential for American companies to compete globally for many commercial satellite and launch contracts.
Boeing, Lockheed Gaze Abroad as Ex-Im Closure Costs them Satellite Sales
Satellite builders Boeing and Lockheed Martin said they would use their global presences to create at least the semblance of satellite production facilities outside the United States to tap into export-credit agency funding if the U.S. Export-Import Bank did not reopen.
Editorial | The Price of Ideology
The space industry is beginning to feel the impact of the U.S. Export-Import Bank's authorization lapse.
Ex-Im is Closed to New Business; Will the U.S. Space Industry Suffer?
The U.S. Export-Import Bank, as expected, closed its doors to new business July 1 following the U.S. Congress’s inability to renew bank authorization, but said all existing loans and guarantees will be maintained and carried to their maturity.
