Asia-Pacific Markets - Latest Developments
AVIWEST, a global provider of video contribution systems, announced today that the company saw a 20 percent acceleration in purchase order growth in 2018. AVIWEST also announced it will be expanding across the United States, Europe, and India, with new engineering positions currently open in the company's R&D, support and pre-sales, and sales departments.
Boeing Company [NYSE: BA] has reported fourth-quarter revenue of US$ 28.3 billion and GAAP earnings per share of US$ 5.93 on record commercial deliveries, higher defense and services volume, and strong performance. In the company’s Defense, Space & Security segment, fourth-quarter revenue increased to US$ 6.1 billion driven by increased volume across F/A-18, satellites, and weapons. Fourth-quarter operating margin increased to 10.9 percent, primarily reflecting favorable mix.
Harris Corporation (NYSE: HRS) reported fiscal 2019 second quarter revenue of US$ 1.7 billion, up 9% compared with the prior year. GAAP earnings per diluted share (EPS) from continuing operations increased 74% to US$ 1.88, and non-GAAP EPS increased 19% to US$ 1.96. Net income increased 72% to US$ 225 million, and adjusted earnings before interest and taxes increased 18% to US$ 327 million with margin expansion of 150 basis points (bps).
Digital Ship and the GVF-EMP Partnership have announced a collaborative cross-promotion of events programmes taking place during February 2019 in London. The cross-promotion will reflect the close scheduling of the respective events, as well as the closely-related themes in the communications on the move (CotM) ecosystem.
The National Association of Broadcasters (NAB) will present the Spirit of Broadcasting Award to veteran radio industry reporter Tom Taylor during the 2019 NAB Show in Las Vegas. Taylor will accept the award on Monday, April 8 at the NAB Show Opening.
Founder and Chairperson of Urban One, Inc. Cathy Hughes will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame at the 2019 NAB Show. The induction will occur during the Achievement in Broadcasting Dinner on Monday, April 8 at the Encore in Las Vegas.
Aireon LLC today announced it has signed a credit facility agreement for US$200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility provides Aireon with the resources to fund various company initiatives and to continue to pay Iridium for the costs related to the integration, launch and hosting of the AireonSM payload on each of the 81 Iridium NEXT satellites.
The agreement was signed on December 21st, 2018. This announcement comes just days after the final launch of Iridium NEXT satellites and their Aireon hosted-payloads.
A brief retrospective of the GVF’s calendar for the closing weeks of 2018 together with a summary of a major regional event taking place towards the close of the first quarter of 2019 together provide ample illustration of GVF’s creative innovation in evolving and promoting mission-critical partnerships which facilitate debate on development and growth of the global satellite industry.
ETL Systems, a designer and manufacturer of RF equipment for satellite communications today announced it has acquired Atlantic Microwave, a provider of microwave components and satellite communication test equipment.
ETL Systems operates globally with manufacturing and R&D sites based in the UK. The UK facilities combined with offices in Washington DC and Dubai support the firm in serving customers in 112 countries. ETL’s key international clients include CNN, BBC, Airbus, Thales, General Dynamics, ESPN, DirectTV, Associated Press, Inmarsat, BAE Systems and SES Astra.
Boeing [NYSE: BA] today announced its investment in Isotropic Systems Ltd., a London-based startup pioneering next-generation solutions to better connect people and enterprises around the globe.
