Chicago,Ill. Oct. 24, 2018 — The Boeing Company [NYSE: BA] reported third-quarter revenue of US$ 25.1 billion driven by higher defense volume and services growth. GAAP earnings per share increased to US$ 4.07 and core earnings per share increased to US$ 3.58 primarily driven by strong operating performance at Commercial Airplanes and a tax benefit related to a tax settlement. Results also reflect charges related to planned investments in the newly awarded T-X Trainer and MQ-25 programs ($0.93 per share). Boeing delivered strong operating cash flow of US$ 4.6 billion, repurchased US$ 2.5 billion of shares, and paid US$1 billion of dividends.
San Diego, Calif., Oct. 23, 2018 – Verimatrix, a specialist in securing and enhancing revenue for network-connected devices and services, has announced the acquisition of the assets that comprise the Akamai Identity Services (AIS) product from Akamai (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences. Adding TV Everywhere (TVE) type service capabilities to the Verimatrix portfolio underscores the importance of a common authentication system to reduce friction within the content distribution workflow and ultimately support new ways to increase the value of the content chain on a global level.
Ottawa, Canada, Oct. 15, 2018 — C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the third quarter ended August 31, 2018.C-COM said it generated revenues of CDN$ 4,002,223 and a net after tax profit of CDN$ 641,930 or 2 cents per share. This compared with revenues of CDN$ 2,341,016 and a net after tax profit of CDN$ 130,183 or 0 cents per share as reported in the same quarter of 2017, representing an increase of 71% and 393% respectively.
New York, NY, Oct. 14, 2018 — Harris Corporation (NYSE:HRS) and L3 Technologies, Inc. (NYSE:LLL) have agreed to combine in an all stock merger of equals to create a global defense technology leader, focused on developing differentiated and mission critical solutions for customers around the world. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both companies, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock, consistent with the 60-trading day average exchange ratio of the two companies.
Chicago, Il., Oct. 10, 2018— Boeing [NYSE: BA] is investing in Accion Systems Inc., a Boston, Mass.,-based startup pioneering scalable electric propulsion technology to transform satellite capabilities in and beyond Earth's orbit.
Isle of Man, Oct. 9, 2018 – The Satellite Interference Reduction Group today announced it is expanding its reach to encompass all types of innovation within the satellite communications industry. As part of that expansion, it has changed its name to Satcoms Innovation Group (SIG). SIG was officially launched today during Satellite Technology Asia in Singapore. The event is being co-hosted with Intelligence-Sec.
Pittsburgh, PA, Oct. 9, 2018 — NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of SIS LIVE Limited, a leading provider of connectivity services and a subsidiary of UK-based Sports Information Services (SIS).
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New York, NY, October 3, 2018--Mobile backhaul and base station networking have long been an important business for satellite and teleport operators. It is humbling, then, to also acknowledge that satellites carried less than 1.4% of global mobile traffic in 2016, according to NSR.
London, UK, October 3, 2018--The fourth quarter 2018 calendar features two of GVF’s regular major events – one in Washington DC in October presented in partnership with COMSYS, the other in London at the beginning of December, part of the GVF-EMP portfolio – and in November we have another of the association’s important innovations, a Workshop Symposium collaboration with the International Telecommunication Union.