Satellite News

“[I]n 2007, we orbited no less than three satellites originally planned for competitors’ launchers, but which simply were not available when they had been promised. As one U.S. client told us, at Arianespace, ‘launches speak louder than words,’ while other players in the industry ‘take the money and run.’” – Jean-Yves Le Gall, Arianespace CEO

Japanese private equity firm Unison Capital is set to invest about US$50 million in Intelsat Ltd to help it expand in Asia, financial sources reportedly said.

Alliant Techsystems (ATK) has negotiated definitive agreements with MacDonald, Dettwiler and Associates to acquire its Information Systems and Geospatial Information Services businesses for C$1.325 billion (currently US$1.312 billion).