Panasonic Corporation today announced that it has completed its acquisition of ITC Global, a leading provider of satellite communication services for the energy, mining, and maritime markets.

Founded in 2001 with regional headquarters in Houston, Texas; Sion, Switzerland; and Perth, Australia, ITC Global serves customers at more than 1,200 remote sites across 70 countries and all the world's oceans. Panasonic, through its subsidiary Panasonic Avionics Corporation, is a leading provider of inflight communications and entertainment systems to the aviation market.

ViaSat Inc. (NASDAQ: VSAT) announced financial results for the fiscal first quarter ended June 30, 2015.  Fiscal first quarter Adjusted EBITDA grew nearly 30% year-over-year to US$ 77.5 million. Revenues grew to $344.4 million, up 8% from the prior year period.

"We're off to a good start in fiscal year 2016 as our focus on attractive bandwidth economics delivers results in multiple applications," said Mark Dankberg, ViaSat chairman and CEO.

EchoStar Corporation (NASDAQ: SATS) today reported total revenue of US$ 794 million for the quarter ended June 30, 2015 compared to US$ 880 million for the corresponding period in 2014.  Net income attributable to EchoStar common stock was US$ 33.9 million and diluted earnings per share was $0.36 for the quarter ended June 30, 2015, compared with net income attributable to EchoStar common stock of US $33.8 million and diluted earnings per share of $0.36 during the corresponding period in 2014.

Inmarsat plc (LSE: ISAT.L) reported continued mobile satellite services business growth for the half year ended 30 June 2015. Total revenues were  US$616.2 million (2014: US$ 652.3 million). Revenues from LightSquared was US $35.0 million  (2014: US$ 47.1 million). Wholesale MSS revenues were US$ 403.8m, up +4.2% (2014: US$ 387.6 million).

Total EBITDA ws US$ 342.7 million  (2014: US$ 369.7 million) and frofit after tax was US$ 131.6 million  (2014: US$ 136.7 million).

Orbital ATK, Inc. (NYSE: OA) today announced both GAAP and adjusted financial results for the second calendar quarter ended July 5, 2015. Orbital ATK reported GAAP revenues of US$ 1,130 million for the second quarter of 2015 compared to US$ 714 million in the same quarter in 2014.

Rockwell Collins has acquired Newport News, Virginia-based International Communications Group (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry.

The initial purchase price was US$ 50 million and additional post-closing consideration of up to US$ 14 million may be paid.

KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the second quarter ended June 30, 2015 today.  Overall revenues grew 10% to US$ 44.9 million (consensus $44.0 million), reflecting service growth of 35% (organic growth of 6%) and a 14.5% decline in hardware revenues (largely defense-related). 

Highlights of the report include:

Private equity fund manager Northgate Capital has acquired a majority stake in Elara Comunicaciones, S.A.P.I. de C.V. through a transaction in which Northgate will invest up to US$ 38 million in both primary and secondary transactions.

The World Radiocommunication Conference, the international treaty-making Conference, will review the international regulatory framework for radiocommunications – the Radio Regulations – and revise them as needed to take into account the rapid evolution of information and communication technologies (ICT), ensuring that reliable radio services are available  everywhere, enabling people to live and travel safely and enjoy high performance radiocommunications.

For the quarter ended June 30, 2015, Telesat reported consolidated revenue of CDN$ 227 million, an increase of CDN$ 1 million compared to the same period in 2014. During the quarter, the U.S. dollar was 13% stronger than it was during the second quarter of 2014, resulting in a positive impact on the conversion of U.S. dollar denominated revenue and a negative impact on the conversion of U.S. dollar denominated expenses.