News Analysis

AVIWEST Posts 20 Percent Growth in 2018

Saint Gregoire, France, Jan. 31, 2019 — 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 Reports Record Revenue of $28.3 Billion in 4Q 2018, Posts 16% Revenue Growth in Defense, Space and Security Segment

Chicago, Ill., Jan. 30, 2019 — 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 Corp. 2Q 2019 Revenue Up by 9% to $1.7 Billion

Melbourne, Fla., Jan. 29, 2019 — 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).

Aireon Gets US$200 Million Credit Facility with Deutsche Bank

Mclean, Va., Jan. 16, 2019 – 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.

Boeing Invests in Isotropic Systems Ltd. to Expand Satellite Communications Capabilities

London, UK, Jan. 15, 2019 — 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.

ETL Systems Acquires Atlantic Microwave

Madley, Herefordshire, UK, Jan. 15, 2019 – 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.

Iridium Successfully Launches Final 10 NEXT Satellites; Now Has 75 New Satellites Deployed by SpaceX Over the Past 2 Years

Vanderberg Air Force Base, Calif., Jan. 11, 2019 – Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 07:31 am PST (15:31 UTC) SpaceX Falcon 9 rocket launched from Vandenberg Air Force Base and delivered the final 10 Iridium NEXT satellites to low earth orbit (LEO). All 10 satellites have successfully communicated with the Iridium Satellite Network Operations Center and are preparing to undergo initial on-orbit testing. This was the eighth and final launch for Iridium’s historic launch campaign with SpaceX, seeing a total of 75 new satellites deployed over less than two years.

 

World Teleport Association Publishes Top Operator Rankings for 2018

New York, NY, January 10, 2019- -The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2018. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies. 

Guess Who is “MINDING THE GAP?”

By Lou Zacharilla*

New York City, January 3, 2019--I cannot say truthfully that the taste of kava will rival Veuve Clicquot, a smooth Italian Amarone or a glass of New York City tap water for that matter.  But kava does give you a sedating buzz that is a combination of novocaine on top of an hour of Zen meditation.