Satellite News

Northrop Grumman Corporation reported second quarter 2006 financial results.

XM Satellite Radio Holdings Inc. reported financial and operating results for the second quarter ending 30 June 2006. For the second time in just two months, the company cut its year-end subscriber forecast.

Globecomm Systems Inc. has been awarded a US$1.2 million contract to provide multiple 1.2-meter mobile portable satellite Earth station terminals.

The Boeing Company reported financial results for the second quarter 2006, which include earlier announced charges totalling US$1 billion. Chairman and CEO Jim McNerney said the charges “overshadowed solid fundamentals” during the quarter.

Lockheed Martin Corporation reported second quarter 2006 financial results.

Radyne Corporation reported financial results for the second quarter 2006.

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.

France Telecom has signed an agreement to sell its entire stake in France Telecom Mobile Satellite Communications for EUR60 million (US$76 million) to Apex Partners.