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Satellite Construction Drives Loral Gains

Submit on Wednesday, August 9th, 2006 11:00

Loral Space & Communications Inc. posted a 41 percent increase in the 2006 second quarter to $192.9 million, driven by satellite construction contracts, the company announced Aug. 7. In the 2005 second quarter, Loral reported revenues of $136.8 million. Despite the gain in revenues, Loral’s net loss grew…

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