:

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…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]