 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Orbital Reports Record $1.7 Billion in '97
Dulles - Jan 8, 1998 - Orbital Sciences Corp. has announced a record-setting year of new space business for the Dulles, Va. firm. Orbital announced that 1997 brought in a record $1.7 billion in new business contracts. New orders for the company's varied space product lines outpaced annual revenues by more than 3 to 1, the highest "book to bill" ratio in the firm's history. Orbital's space and ground infrastructure systems of satellites, launch vehicles, sensors and electronics was bolstered by last year's acquisition of CTA, Inc., a small satellite maker. The satellite segment accounted for more than $1 billion of the new orders. The launch vehicle business, consisting of sales of the Pegasus XL and Taurus launchers as well as research Sounding Rockets, brought in $400 million. The back order book for OSC launches shows more than 60 launches planned over the next five years. The company also brought in $200 million in new business for sensors and electronics systems. The company is reporting a total backlog of $2.9 billion, including options. Some $1 billion of that total are firm orders, the company reported yesterday. OSC's bottom line was helped last year by a flawless five flights of the Pegasus XL winged space booster. The company faces a major test of its launch vehicle services at the end of the month with the launch of its second Taurus rocket, planned to loft a Navy research satellite. Sales of the Taurus have lagged far behind the winged Pegasus, and industry analysts say a success would go far in helping marketers sell the vehicle, which closely resembles the Pegasus in performance and design, although without wings.
OSC Press Release Community Email This Article Comment On This Article Related Links Space
Satellite Launch To Boost DTH In India
Calcutta, India (SPX) Dec 28, 2005The successful launch Thursday of India's heaviest satellite from spaceport of Kourou in French Guyana may have boosted the country's space research efforts to yet another level, but it has also lifted the spirits of at least three Direct-To-Home televisions broadcasters, one of which has been waiting for years to launch its services in India. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
