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In-flight broadband and content provider Global Eagle Entertainment has signed a ten-year capacity lease agreement with SES giving it access to the latter’s global, Ku-band satellite bandwidth.
The deal enables GEE to offer global connectivity coverage and gives the company access to both SES’ existing satellite network and its upcoming high throughput satellite spot beam-based systems.
US defence services provider Engility is merging with local rival TASC in a US$1.1bn all-stock deal to expand their reach into contracts for space and intelligence agencies.
Engility, which was spun off from aerospace contractor and communications systems developer L-3 Communications in 2012, said the merger will also reduce its overall concentration in the pressured defence market by 16% to roughly 48%.
US-based Space Systems Loral has said it has been picked to build a satellite and procure a launch vehicle for it by an undisclosed customer.
The mystery spacecraft will be based on the group’s SSL 1300 platform, equipped with C-band and Ku-band payloads for voice and data communications, broadband, and video distribution.
Aerospace giant Boeing has raised US$850m through a triple-tranche bond offering.
The financing consists of US$250m of floating rates notes due 2017, US$300m of 2.35% senior unsecured notes due 2021 and US$300m of 2.85% senior unsecured notes due 2024.
Shares in Orbital Sciences fell almost 15% in after-hours trading as it investigates an Antares rocket failure that blew up nearly 2.2 tonnes of NASA cargo shortly after take-off.
The supplies and scientific experiments it was carrying were destined for the International Space Station, although NASA has said the crew on board the craft are in no danger of running out of food or other critical items.
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