Hello, Guest!
  • Friday, November 22, 2024

Market Report Names Key Gov’t, Military Satellite Industry Players


TYSONS CORNER, VA, Jan. 24, 2017 ” Iridium Communications (Nasdaq: IRDM) and Inmarsat have been named among the key players in the U.S. government and military satellite industry by a new Frost & Sullivan report released by Research and Markets, ExecutiveBiz reported Monday.

The “US Government and Military Satellite Market, Forecast to 2022” study predicted that the government and military satellite industry will achieve an average value of $53.8 million in the next five years with a compound annual growth rate of 3.6 percent,  Research and Markets said Friday.

Other key players named in the study are Intelsat, Eutelsat, SES and Telesat.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Headquarters are located in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002
[email protected]

Video of the Day

Related Articles

Iridium Reports Q1 2024 Results, Completes 1st Ever Acquisition; Matt Desch Quoted Financial Reports

Iridium Reports Q1 2024 Results, Completes 1st Ever Acquisition; Matt Desch Quoted

Iridium Communications (Nasdaq: IRDM) presented its Q1 2024 financial results, in which total revenue reacched $203.9 million, although slightly lower by 0.7 percent from a year ago. Notably, the voice and data satellite communications provider’s net income increased 101.1 percent year-over-year to $19.65 million, while the subscriber base grew 7 percent compared to Q1 2023, Iridium said

Iridium to Provide Space Force With Broadband Connectivity Under DISA Contract; Scott Scheimreif Quoted Contract Awards

Iridium to Provide Space Force With Broadband Connectivity Under DISA Contract; Scott Scheimreif Quoted

Iridium Communications (Nasdaq: IRDM) will deliver broadband and midband capabilities to the U.S. Space Force under a potential 10-year indefinite-delivery/indefinite-quantity contract. The multiple-award contract covers the provision of the Iridium Certus L-band terminals and service to support the U.S. military’s effort to proliferate satellite communication services in low Earth orbit, Iridium said Tuesday. Iridium Certus

Iridium Board OKs $400 Stock Repurchase; Matt Desch Quoted Financial Reports

Iridium Board OKs $400 Stock Repurchase; Matt Desch Quoted

The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company said Thursday. The