News Analysis

McLean, Va., July 31, 2014-- Iridium Communications Inc. today reported financial results for the second quarter of 2014 and affirmed its full-year 2014 and long-range outlook. Net income was US$ 15.0 million, or $0.14 per diluted share, for the second quarter of 2014, as compared to US$ 15.4 million, or $0.18 per diluted share, for the second quarter of 2013. Operational EBITDA ("OEBITDA") for the second quarter was US$ 54.7 million, as compared to $51.1 million for the prior-year period, representing a year-over-year increase of 7 percent and an OEBITDA margin of 53 percent. OEBITDA grew largely due to higher service revenue.

Middletown, RI, July 30, 2014 -- KVH Industries, Inc. today reported financial results for the second quarter ended June 30, 2014. The company reported second quarter revenue of US$ 40.9 million, net income on a generally accepted accounting principles (GAAP) basis of US$ 0.1 million or $0.00 per diluted share, and non-GAAP net income of US$ 0.8 million or US$ 0.05 per diluted share.

Carlsbad, Calif., July 29, 2014 – ViaSat Inc. has expanded its high-speed satellite data communication technology base with the acquisition of a high-rate modem product line and custom spacecraft technologies for earth observation from Gray Labs Inc.

London, UK, July 25, 2014--BSkyB today announces it has entered into agreements with 21st Century Fox to acquire 21st  Century Fox’s 100% stake in Sky Italia and its 57.4% interest in Sky Deutschland. The enlarged  company will be a multinational pay TV provider that serves 20 million customers and brings together the leading pay TV businesses in three of Europe’s four biggest markets.

Duluth, GA, July 25, 2014-- Rockwell Collins has completed the sale of its satellite communications business. The business, which designs, manufactures and services ground-based satellite communication systems primarily for military customers, will be renamed DataPath, Inc.

Betzdorf, Luxembourg, July 25, 2014--Satellite operator SES posted H1 revenues of EUR 938.9 million (2013: EUR 910.5 million) in the first half of 2014-an increase of 6.3% over the prior year period at constant exchange rates. EBITDA for the 1st Half of 2014 was EUR 693.8 million (2013: EUR 662.0 million)-- an increase of 7.4% over the prior year.

Chicago, IL, July 23, 2014--The Boeing Company reported second-quarter core earnings per share (non-GAAP) of US$ 2.42, reflecting strong performance and favorable tax items. Second-quarter 2014 results included a US$ 272 million after-tax charge ($0.37 per share) on the KC-46A Tanker program reflecting the cost of additional engineering and systems installation work required to complete the Engineering and Manufacturing Development contract.

Riyadh,Saudi Arabia, July 15, 2014--ABS and Arab Satellite Communication Organization (ARABSAT) announced today that they have signed a strategic commercial agreement for a multi-transponder lifetime Ku-band payload on the new ABS-3A satellite planned for launch in late 2014/ early2015.  This Ku-band payload deal will provide ARABSAT with additional growth opportunities to serve their customers over the Middle East and North Africa regions.

Louisville, Colo., July 11, 2014--Sierra Nevada Corporation (SNC) announces it completed the acquisition of Orbital Technologies Corporation (Orbitec), headquartered in Madison, Wisconsin. The company will continue its operations in Madison, while supporting SNC’s Space Systems in Louisville, Colorado.