:

ORBCOMM Acquires Satellite Communications Provider SkyWave

Friday, January 9th, 2015

SHARE:

ORBCOMM [ORBC] on Jan. 5 said it has completed its $130 million acquisition of Canada’s SkyWave Mobile Communications, the largest machine-to-machine (M2M) service provider on the Inmarsat global L-band satellite network.ORBCOMM said the acquisition furthers its strategy of offering a complete set of options and capabilities in the satellite communications industry while bolstering its M2M solutions portfolio. ORBCOMM said that combined with SkyWave it has over 1.2 million subscribers in the satellite-based M2M area.“This transformative acquisition creates the largest space-based…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]