Finance

Viasat reported a slight dip in revenue in the second quarter of fiscal year 2025 as revenue declines in fixed satellite services and maritime offset the company’s growth in aviation,...

In his first call as Comtech’s permanent CEO, John Ratigan said the company’s financial performance in the fourth quarter of fiscal year 2024 was below expectations.  Ratigan spoke with investors...

Apple is doubling down on its partnership with Globalstar, investing $1.5 billion to fund a new constellation for expanded satellite services.  Apple will pay Globalstar up to $1.1 billion to...

Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30.  The Space segment at Airbus has been challenged this year with...

Lockheed Martin completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of Lockheed Martin’s...

A new remote sensing startup Matter Intelligence emerged from stealth mode on Wednesday with $12 million in seed funding. The startup aims to capture hyperspectral data of “all matter on...

Eutelsat Group reported modest revenue growth in the first quarter of its 2024-25 fiscal year, driven by growth in Fixed Connectivity from OneWeb’s deal with Saudi Arabian city Neom.  Eutelsat...

L3Harris reported challenges on classified programs in its Space and Airborne segment while revenue for the segment was flat during the third quarter of 2024. L3Harris reported Q3 financials on...

Earnings for Northrop Grumman’s Space segment were up 14% year-over-year in the third quarter of 2023, despite a modest decline in sales. Northrop Grumman reported Q3 results on Thursday. The...

Revenue for Boeing’s Defense, Space & Security (BDS) segment was flat in the third quarter of 2024, but loss from operations more than doubled as Boeing took charges on fixed-price...