Quick Asked: Loral Contact Us?

Last update: 02 May, 2024 245 Views

What was the value of the loral sale? The transaction was valued at approximately $479 million. In January 2002, Loral reached a settlement with the U.S. Government in a case relating to the company’s involvement in the disclosure of information during a review of a Chinese rocket launch failure in 1996.

What happened to loral space communication? On November 2, 2012, Loral Space & Communications Inc. announced the sale of subsidiary Space Systems/Loral (SS/L), to MacDonald Dettwiler. ^ "Loral Space & Communication 2017 Annual Report".

Why did loral get in trouble? In January 2002, Loral reached a settlement with the U.S. Government in a case relating to the company’s involvement in the disclosure of information during a review of a Chinese rocket launch failure in 1996. Loral agreed to pay a civil fine of $14 million to the State Department without admitting or denying the government’s charges.

Does loral own xtar? The company also participates in a number of international and domestic joint ventures, including an ownership stake in XTAR . On March 20, 1998, Loral completed the acquisition of Orion Network Systems, Inc., through the exchange of common stock. The transaction was valued at approximately $479 million.

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