News Analysis

Melbourne, Fl., February 6, 2015--Harris Corporation and Exelis today announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at US$ 23.75 per share, or an approximately US$ 4.75 billion enterprise value.

Annapolis, MD, Feb. 5, 2015- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), reported results for the fourth quarter and fiscal year ended December 31, 2014. Revenue was up 19% from the fourth quarter of 2013. Adjusted EBITDA of US $9.9 million (earnings before interest, taxes, depreciation, amortization, and amortization of non-cash stock-based compensation) was up 14% from $8.8 million in the year-ago quarter; this was the company's third consecutive quarter of EBITDA improvement.

Miami, Fl., February 3, 2015--Emerging Markets Communications (EMC), a satellite and terrestrial communications services provider, announced that  it acquired General Industry Systems (GIS) AS, a Norwegian-based provider specializing in energy and maritime connectivity services for offshore operations. The consolidated portfolio of products, services, experience, locations and engineers of the companies strengthens EMC’s energy and maritime business segments.

The February 2015  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data  is now available.  Featuring:

Baikonour, Kazakhstan, February 2, 2015 – Inmarsat (LSE:ISAT.L), announces the successful launch of its second Global Xpress (GX) satellite (Inmarsat-5 F2) on board an International Launch Services (ILS) Proton Breeze M rocket launched from Baikonur Cosmodrome in Kazakhstan on Sunday, February 1st at 12:31 GMT.

Abu Dhabi, UAE, February 2, 2015--Ericsson (NASDAQ:ERIC) has strengthened its partnership with twofour54, the commercial arm of the Media Zone Authority - Abu Dhabi, through the acquisition of its current playout business, initially providing playout services for nine different channels.

Dulles, VA, January 27, 2015--Orbital Sciences Corporation (NYSE: ORB) today announced that at a special meeting held this morning, the company’s stockholders voted overwhelmingly to approve the proposed merger with the Aerospace and Defense Groups of Alliant Techsystems Inc. (NYSE: ATK), pursuant to the definitive transaction agreement dated April 28, 2014. 

Hauppauge, NY, January 23,2015-- L-3 Communications (NYSE:LLL) announced today that it acquired the assets of MITEQ, Inc. for U$ 41 million..The business will be combined with L-3’s Narda Microwave-East business located in Hauppauge, N.Y., and the new organization will be called L-3 Narda-Miteq.

Rochelle, N.J., Jan 20, 2015--ORBCOMM, a global provider of Machine-to-Machine (M2M) solutions, today announced that it has completed the acquisition of InSync Software, Inc. (InSync), a  provider of Internet of Things (IoT) enterprise solutions across a broad spectrum of vertical markets, applications and customers. Headquartered in San Jose, Calif., InSync’s software powers global sensor-driven asset tracking and remote monitoring applications that allow end users, managed service providers and independent software vendors to increase asset visibility, improve operational efficiencies and reduce risk.

El Segundo, Calif., Jan. 9, 2015 – Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.