News Analysis

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.

Paris, France, July 9, 2014 - According to Euroconsult's newly released executive report, Government Space Programs: Strategic Outlook, Benchmarks & Forecasts, government funding for space is expected to progressively recover as public finances regain their comfort zone and programs enter a new growth cycle. Following a critical period of cyclical low funding which concluded in a budget decrease in 2013 worldwide, moderate growth is expected moving forward which should bring world spending to $82 billion by 2023.

Washington, D.C., July 9, 2014--Avascent has acquired the satellite, space, and telecommunications businesses of Futron Corporation, a leading provider of market analytics and consulting services to corporate and government clients around the world. 

Venice, Italy, July 8, 2014–European satellite operators today underlined the crucial role that satellite plays in the roll-out of future digital infrastructures. The European Satellite Operators Association (ESOA), represented by its Secretary General, Aarti Holla, and by the CEO of SES, Karim Michel Sabbagh, participated in a high-level meeting between leading EU political and business representatives in Venice.

Middletown, R.I., July 3, 2014 – KVH Industries, Inc., today announced that it has acquired Videotel, a producer of high-quality training films and e-Learning services for the commercial maritime industry.  Servicing over 11,000 vessels, Videotel is a market leader in the provision of maritime training services, offering video, animation, e-Learning computer-based training (CBT), and interactive distance learning courses.