Satellite News

The DirecTV Group, Inc. today reported third quarter financial results.

Andrew Corp. said it agreed to sell its underperforming satellite communications business to private-equity firm Resilience Capital Partners.

The Spanish government is reportedly opposing the sale of more Hispasat stakes to abertis telecom.

Alliant Techsystems reported financial results for the second quarter of the company’s fiscal year 2008.

RRsat Global Communications Network Ltd. announced its financial results for the three months ending 30 September 2007.

Andrews Space, Inc. announced that it has completed the acquisition of Automated Controlled Environments, Incorporated (ACEi), a privately-held California corporation that develops fault-tolerant aerospace avionics and advanced control systems.

Iridium Satellite said its military sector business continues to show outstanding growth with cumulative U.S. Department of Defense (DoD) subscribers reaching 31,000. Besides providing communications, future Iridium satellites could also help improve the accuracy of GPS.

Spanish highway operator abertis, through its telecommunications subsidiary abertis telecom, has reached an agreement with ENSAFECA Holding Empresarial (formerly Auna) and BBVA — private shareholders of Hispasat — to acquire a 28.4 percent stake in the Spanish satellite operator.