Finance

The Defense, Space & Security segment for Boeing took a $185 million earnings charge in the third quarter of 2021 to pay for the second uncrewed Orbital Flight Test for...

Intelsat is on the cusp of major changes as the company is working to exit financial restructuring and name its next CEO. Company executives have cast a picture of what...

Telesat has appointed Glenn Katz the company’s first chief commercial officer (CCO), the company announced Tuesday. He will be responsible for leading product development, product management and product marketing as...

Sales at Lockheed Martin’s Space segment were slightly down in the third quarter of 2021, as the full company reported a dip in sales as well.  Lockheed Martin reported a...

Last week, Intelsat made the surprise announcement that CEO Steve Spengler plans to retire. Spengler has been Intelsat CEO for almost seven years, and he plans to step down once...

Japanese Ground Segment as a Service (GSaaS) company Infostellar has raised 700 million yen ($6.16 million), in a Series B funding round. This brings total funding to 1.9 billion yen...

Eutelsat Communications announced Wednesday afternoon that CEO Rodolphe Belmer will step down at the beginning of 2022. He is leaving to become CEO of French information technology company Atos, which...

After almost seven years as CEO and more than 18 years at Intelsat, CEO Steve Spengler plans to retire once the company completes Chapter 11 financial restructuring and selects a...

Intelsat has had a tumultuous 18 months and has made some of the biggest headlines in the industry, going through Chapter 11 restructuring. Acquiring Gogo Commercial Aviation while in bankruptcy...

The leaders of two of the top satellite operators — Steven Spengler and Rodolphe Belmer — announced within a day of each other that they will be departing their companies. ...