News Analysis

Sydney, Australia, July 2, 2019 — Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million and revised its expectation for Underlying EBITDA for full year 2019 to approximately US$140 million to US$150 million.

Melbourne, FL, July 1, 2019 — L3Harris Technologies today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.

Cologne, Germany, June 25, 2019 — CETel, a leading global satellite communications and network service provider, has acquired UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.

Paris, France, June 21, 2019 — Eutelsat Communications (Euronext Paris: ETL) has confirmed the successful launch of Eutelsat 7C. The satellite was lifted into space from Kourou, French Guiana by an Ariane 5 rocket at 23h43 CET (21h43 UTC) on June 20th.

Singapore, June 20, 2019 — Global Invacom, a global provider of satellite communications equipment, has announced the acquisition of the technology of the Apexsat group of companies. This includes the assets and intellectual property (IP) from Apexsat.

Herndon, Va., June 17, 2019 — Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.

Cologne, Germany, June 11, 2019 — CETel, a satellite communications and network service provider, announces the acquisition of UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.

Waltham, Mass., June 9, 2019--Raytheon Company and United Technologies Corp. have entered into an agreement to combine in an all-stock merger of equals. The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense. The merger of Raytheon, a leading defense company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defense technologies.

Luxembourg, June 6, 2019--Intelsat S.A. (NYSE:  I)  announced today that its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A., intends to offer US$ 300 million aggregate principal amount of its 9.750% senior notes due 2025 (the “Notes”). The offering would constitute an offering of additional notes having the same terms as Intelsat Jackson’s existing 9.750% Senior Notes due 2025 (other than issue price).

Melville, N.Y., June 5, 2019 — Comtech Telecommunications Corp.’s (NASDAQ: CMTL) net sales for the third quarter of fiscal 2019 rose to $170.4 million compared to the US$ 147.9 million achieved during the third quarter of fiscal 2018, representing an increase of US$ 22.5 million, or 15.2%.