Satellite News

Lockheed Martin reported financial results for the third quarter 2015.

COM DEV International Ltd. is in advanced talks to sell itself, according to people familiar with the matter. COM DEV acknowledged that, in connection with a review of its strategic alternatives, it has been involved in confidential discussions with third parties with respect to potential strategic transactions involving the company.

Lockheed Martin said it cut the ribbon on a newly renovated Electronics Manufacturing Facility (EMF) at its Space Systems Company campus in Littleton, Colorado. The opening marked the completion of the facility’s significant two-year revamp.

O3b Networks announced that over its first year of commercial operation, the company’s high throughput, low latency satellite network has become the fastest growing in satellite history.

Azerbaijan’s second telecommunications satellite, Azerspace-2, will be built by SSL even though the contract was expected to go to Orbital ATK. The move was reportedly caused by the inability to secure financing through the U.S. Export-Import bank, whose authority has lapsed.

Orbital ATK, Inc. has been awarded a Research and Technologies for Aerospace Propulsion Systems 2 (RTAPS2) contract by NASA to provide advanced space propulsion system technologies. NASA developed the RTAPS2 contract as part of aerospace research activities at the agency’s Glenn Research Center in Cleveland, Ohio.

Boeing said it has no interest in selling off United Launch Alliance (ULA), despite a bid by Aerojet Rocketdyne Holdings, Inc.

Boeing said Singapore-based satellite operator Kacific had decided it would not bid on a satellite contract from Boeing without financing from the U.S. Export-Import Bank.