Latest Financial Report News from SN
The job cuts will occur during three years and will mainly involve negotiated voluntary departures and the nonreplacement of retiring employees.
Mars One gave Lockheed Martin Space Systems and SSTL contracts to design a robotic lander and telecommunications orbiter intended for launch to the red planet in 2018.
News from the High-Throughput Satellites London Roundtable | Thales Alenia Space Opens New Plant at Quake-damaged Site
The new facility, which will be fully operational by February, was financed mainly by Thales Alenia Space.
DigitalGlobe plans to establish rights in the $10 billion market for geospatial information and tapping into the $30 billion market for information services.
Globalstar said its ground-hardware provider, Hughes Network Systems, has agreed to purchase $4.3 million in Globalstar stock at a 7 percent discount to its recent trading value in lieu of cash...
Astrotech reported higher revenue and operating profit for the three months ending Sept. 30 compared to a year ago on the strength of increased launch services to commercial customers.
Gilat Satellite Networks lowered its 2013 revenue and profit forecast for the second time in four months as expected Latin American contracts were delayed and its Pentagon business continued to...
Private-equity group Ardian has purchased a 30 percent stake in satellite-based environmental data collection and positioning service provider CLS of France in a transaction that gives CLS the cash...
Galileo Prime Contractor Expects No Trouble Finding a Profit as European Navigation Satellites Encounter New Delays
OHB AG completed development of the first satellites earlier than planned, and that this will compensate for the late start in testing and later-than-planned delivery to ESA.
Total Astrium revenue for the period was 4.01 billion euros, up 2 percent from the first nine months of 2012.