Business
Aerospace: Communications demand fuels growth. Hiring in state helps counterbalance loss of defense jobs.
June 16, 1998
New York-based Loral Corp. officials have told securities analysts that the company is considering the sale of 49% interest of the Palo Alto Space Systems Division of Ford Aerospace Corp., which is based in Newport Beach.
Sept. 25, 1990
Loral Space & Communications Ltd. said it signed a contract for 10 satellite launches with Rocket System Corp. of Japan.
Nov. 28, 1996
But the sale of five remaining satellites to Intelsat is expected to move forward.
Sept. 23, 2003
Loral, Arianespace Sign Satellite Pact: The U.S. company and the European aerospace consortium plan to launch five commercial satellites through 2000.
May 2, 1996
Space Exploration Technologies lands deal to launch satellite for Loral unit
March 17, 2010
Loral Space & Communications Ltd., the No. 2 U.S. satellite communications company, said lenders agreed to extend maturities of $1.09 billion in bank loans being used to increase its satellite fleet.
Dec. 25, 2001
Telecom: The $712.5-million acquisition would give the firm a building block for its worldwide network services strategy.
Sept. 26, 1996
World & Nation
Loral Space & Communications Ltd. agreed to pay $692 million for a 75% stake in Mexico’s state-owned satellite company, Satelites Mexicanos, in a bid to become a dominant provider of telecommunications services in Latin America.
Oct. 25, 1997
Telecom: Telstar 401 is part of communications business to be sold to Loral for $712.5 million.
Jan. 15, 1997