Telesat TSAT shares soared 7.5% in the last trading session to close at $29.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...

A satellite communications provider is touting its new spacecraft as a possible solution to some of the Defense Department’s high-speed, broadband communications needs following the demise of the ...

Telesat Lightspeed, the largest space program in Canada’s history, will help bridge the digital divide by extending the reach of terrestrial telecom networks in rural and remote communities.

The Government Accountability Office's opinion of the Air Force's Transformational Satellite program has improved since its last assessment of TSAT earlier this year, although GAO remains concerned ...

ST. LOUIS, June 20, 2006 — The Boeing Company [NYSE: BA] successfully completed a series of live tests demonstrating the interoperability of the Transformational Satellite Communications (TSAT) ...

NO REWARD: The U.S. Air Force officially declared Dec. 23 that it will close the existing Transformational Satellite Communications (TSAT) program solicitation without awarding a contract. A new draft ...

Major space program funding would be increased to $6 billion in fiscal 2008, $1.2 billion over fiscal 2007, according to Defense Department budget documents. The Pentagon significantly boosted the ...

REDONDO BEACH, Calif., April 4, 2006 (PRIMEZONE) -- A team led by Lockheed Martin (NYSE:LMT) and Northrop Grumman Corporation (NYSE:NOC) became the first to successfully demonstrate the ...

The House Appropriations Committee (HAC) fully funded the Bush Administration’s request for the Defense Department’s key satellite program. The committee last week funded the Transformational ...

COLORADO SPRINGS, Colorado, April 2 (Reuters) - The U.S. Air Force remains committed to providing protected satellite communications to the military, even if the Obama administration cuts funding for ...