Satellite News

Revenue at Lockheed Martin Space Systems increased 29 percent to $2.1 billion in the 2006 second quarter, driven by growth in satellite and missile defense systems, Lockheed Martin Corp. announced July 25. The increase in satellites was due to higher volume on both commercial and government programs…

Gilat Satellite Networks Ltd. announced that former SES Americom Chief Commercial Officer Andreas Georghiou will assume the role of Chief Executive Officer of Spacenet Inc., effective on 1 August 2006.

NSR has released its newest market survey and forecast report: “Disaster Recovery and Business Continuity via Satellite.” The research firm estimates that the market will reach US$469 million by 2010.

MacDonald, Dettwiler and Associates Ltd. has signed a C$32.8 million contract extension with the Canadian Space Agency to provide logistics, sustaining engineering, and enhancements for the Mobile Servicing System.

Radyne Corporation reported financial results for the second quarter 2006.

Lockheed Martin Corporation reported second quarter 2006 financial results.

Intersputnik Holding, a subsidiary of the Intersputnik International Organisation of Space Communications, won a tender to design, build and put into operation satellite Earth stations for Golden Telecom satellite network in the territory of the Russian Federation.

The CloudSat and CALIPSO satellites launched on 28 April from Vandenberg Air Force Base have completed commissioning activities.