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Export-Import Bank Chief Touts Growing Satellite Portfolio As It Faces Reauthorization

Pat Host
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Export-Import Bank Chief Touts Growing Satellite Portfolio As It Faces Reauthorization

The head of the U.S. Export-Import Bank (Ex-Im) is touting its rapidly growing satellite portfolio as it faces its biennial reauthorization later this year. Ex-Im Bank Chairman Fred Hochberg Thursday touted recent successes including an $80 million loan to Orbital Sciences [ORB] to manufacture a satellite as well as a pair of $500 million financing packages to Lockheed Martin [LMT] and Boeing [BA] to manufacture satellites of their own. Hochberg told Defense Daily last year that 2013 would be the…

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