San Diego, CA, June 12, 2008--The annual ISCe Industry Awards for Lifetime Achievement, Innovation and Industry Leadership was presented to Globecomm Systems Chairman and CEO, David Hershberg, ATCi and Boeing, respectively at a gala dinner during the 7th annual ISCe Conference and Expo in San Diego, California.
June 5, 2008, Reston, VA – Lavell Systems, Inc., a provider of secure managed network and communications solutions, announced that it has entered into a definitive agreement to purchase SkyPort Global Communications, Inc., located in Houston, TX. SkyPort, a service providers whose recent successes include a contract with Cisco to provide satellite solutions to Cisco’s Emergency Response Networks (ERN), provides satelllite communications services to the National Guard and commercial clients in the oil and gas sector.
Reston, Va., June 3, 2008 -- Mobile Satellite Ventures (MSV) today announced plans to further extend its current generation network voice and mobile data services through December 31, 2012, and will offer these services on its next generation hybrid satellite-terrestrial communications network slated to be launched in 2010.
Dulles, VA, 2 June 2008– Orbital Sciences Corporation (NYSE: ORB) announced today that it has completed the sale of its non-core Transportation Management Systems (TMS) unit to Affiliated Computer Systems (ACS) (NYSE: ACS). As announced earlier this year, the sale price in the all-cash transaction was approximately $43 million.
MELVILLE, N.Y., May 12, 2008 -- Comtech Telecommunications Corp. (Nasdaq:CMTL) and Radyne Corporation (Nasdaq:RADN) today jointly announced the signing of a definitive merger agreement pursuant to which Comtech has agreed to acquire Radyne in an all-cash transaction. Aggregate sales of the two companies would have been $651.5 million based on Comtech's sales of $504.3 million for its four fiscal quarters ended January 31, 2008 and Radyne's sales of $147.2 million for its four fiscal quarters ended March 31, 2008.
Washington, D.C., May. 15, 2008-- Intelsat, Ltd, today reported results for the three-month period ended March 31, 2008. Intelsat reported revenue of $572.7 million and a net loss of $412.7 million for the three months ended March 31, 2008, which included $313.1 million in restructuring and transaction costs incurred in connection with the February 4, 2008 acquisition of all of the equity ownership of its parent, Intelsat Holdings, Ltd., by Intelsat Global, Ltd. (formerly known as Serafina Holdings Limited), an entity controlled by funds advised by BC Partners Holdings Ltd., Silver Lake Partners and certain other equity investors.
El Segundo, Calif., May 8, 2008--The DIRECTV Group, Inc. (NASDAQ:DTV) reported that first quarter 2008 revenues increased 17% to $4.59 billion, operating profit before depreciation and amortization(1) (OPBDA) increased 27% to $1.18 billion and operating profit increased 17% to $657 million compared to last year's first quarter. The DIRECTV Group reported that first quarter net income of $371 million increased 10% and earnings per share increased 19% to $0.32 compared with the same period last year. It also reported a net gain of 275,000 subscribers incresing its total subscribers base to 17.1 million.
FORT LEE, N.J. ,May. 7, 2008--ORBCOMM Inc. (Nasdaq: ORBC) announced that it has signed a next generation satellite constellation contract with Sierra Nevada Corporation (SNC) to build 18 new ORBCOMM Generation 2 (OG2) satellites with an option to purchase up to 30 additional OG2 satellites to augment and upgrade ORBCOMM's existing satellite constellation.
Princeton, NJ, May 9, 2008--SES Americom's President and CEO Ed Horowitz has resigned effective immediately. He will be pursuing opportunities with Global Entertainment and Media Holdings Corporation, a NY-based investment company, according to a statement issued today by the company. Romain Bausch, SES Chief Executive and Chairman of the SES AMERICOM Board, together with the members of AMERICOM's Management Committee, will continue to execute the business strategy until a successor is appointed, according to the statement.
PRINCETON, N.J., Apr. 15, 2008--SES Americom's IP-PRIME, a provider of turnkey IP-based video services,announced the addition of 12 new High Definition programming agreements with local telephone operators. These telephone companies, who launched IPTV service years ago in their communities, have chosen the IP-PRIME(R) HD-4 package to address their subscribers' increasing requests for HD channels.
 
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