DOCSLIB.ORG

2013 Annual Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2013 Annual Report Annual Report Year Ended December 31, 2013 September 18, 2014 Dear EchoStar Corporation Shareholders, In 2013, we made tremendous progress and, yet again, proved why we are a leader in the satellite and telecommunications industry. Our unique combination of knowledge and experience from end-to-end satellite operations, video delivery and broadcast technologies, and data networks allows us to deliver a unique and impressive suite of products and services to support our continued success. EchoStar ended the 2013 fiscal year with a solid performance. Our total revenue was $3.3 billion compared to $3.1 billion in 2012, representing a 6.7% increase. EBITDA was $650 million in 2013, compared to $794 million in 2012, and included $139 million higher investment gains and $46 million in dividends that were not repeated in 2013. We ended the year with $1.6 billion in cash and marketable securities, which gives us the resources necessary to pursue strategic opportunities to position ourselves for global growth. We continue to deliver on our commitments to customers, partners, employees, and shareholders. EchoStar had a stellar 2013 performance partially due to the continued success of the Hopper whole-home DVR product line, including the launch of the award-winning Hopper with Sling. In addition, we achieved record numbers in growth for our HughesNet subscribers, which totaled more than 800,000 by the end of 2013. Hughes broadened its suite of services by launching HughesNet Voice, an integrated VoIP option, that rivals the triple play offered by competitors. In December 2013, we acquired Solaris Mobile, a company based in Ireland and licensed by the European Union, to provide mobile satellite services and complementary ground component services covering the entire European Union. We are well positioned to commercialize this license through our satellite and terrestrial technology capabilities. We believe we manage one of the largest technically diverse broadcast operations, fiber networks, on-line systems, and satellite operations centers in the world. We manage all live broadcast and internet-based systems for over 17 million consumers and have deployed over 3 million place shifting units—an enormous feat. In 2013, we launched an additional 323 channels for our customers, bringing the total number of channels to over 8000. We have the best and the brightest team that will fully embrace all opportunities for success and I am confident that we will thrive in our endeavors throughout the coming year. We remain committed to shareholders. Thank you for your continued support. Sincerely, Charles W. Ergen Chairman of the Board of Directors (This page has been left blank intentionally.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ፤ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2013 OR អ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Commission file number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) Nevada 26-1232727 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 100 Inverness Terrace East, Englewood, Colorado 80112-5308 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (303) 706-4000 Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Class A common stock, $0.001 par value The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ፤ No អ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes អ No ፤ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ፤ No អ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ፤ No អ Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. អ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of ‘‘large accelerated filer,’’ ‘‘accelerated filer’’ and ‘‘smaller reporting company’’ in Rule 12b-2 of the Exchange Act. Large accelerated filer ፤ Accelerated filer អ Non-accelerated filer អ Smaller reporting company អ (Do not check if a smaller reporting company) Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes អ No ፤ As of June 28, 2013, the aggregate market value of Class A common stock held by non-affiliates of the registrant was $1.63 billion based upon the closing price of the Class A common stock as reported on the Nasdaq Global Select Market as of the close of business on that date. As of February 13, 2014, the registrant’s outstanding common stock consisted of 42,855,812 shares of Class A common stock and 47,687,039 shares of Class B common stock, each $0.001 par value. DOCUMENTS INCORPORATED BY REFERENCE The following documents are incorporated into this Form 10-K by reference: Portions of the registrant’s definitive Proxy Statement to be filed in connection with its 2014 Annual Meeting of Shareholders are incorporated by reference in Part III. (This page has been left blank intentionally.) TABLE OF CONTENTS Disclosure Regarding Forward Looking Statements .................................. i PART I Item 1. Business ......................................................... 1 Item 1A. Risk Factors ...................................................... 20 Item 1B. Unresolved Staff Comments .......................................... 37 Item 2. Properties ........................................................ 38 Item 3. Legal Proceedings .................................................. 38 Item 4. Mine Safety Disclosures ............................................. 44 PART II Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities ....................................... 45 Item 6. Selected Financial Data .............................................. 45 Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations ..................................................... 47 Item 7A. Quantitative and Qualitative Disclosures about Market Risk ................... 77 Item 8. Financial Statements and Supplementary Data ............................. 79 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure ...................................................... 79 Item 9A. Controls and Procedures ............................................. 79 Item 9B. Other Information ................................................. 80 PART III Item 10. Directors, Executive Officers and Corporate Governance ..................... 82 Item 11. Executive Compensation ............................................. 82 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters .............................................. 82 Item 13. Certain Relationships and Related Transactions, and Director Independence ....... 82 Item 14. Principal Accounting Fees and Services .................................. 82 PART IV Item 15. Exhibits, Financial Statement Schedules .................................. 83 Signatures ....................................................... 90 Index to Consolidated Financial Statements ............................... F-1 (This page has been left blank intentionally.) DISCLOSURE REGARDING FORWARD LOOKING STATEMENTS We make ‘‘forward-looking statements’’ within the meaning of the Private Securities Litigation Reform Act of 1995 throughout this report. Whenever you read a statement that is not simply a statement of historical fact (such as when we describe what we ‘‘believe,’’ ‘‘intend,’’ ‘‘plan,’’ ‘‘estimate,’’ ‘‘project,’’ ‘‘expect’’ or ‘‘anticipate’’ and other similar statements), you must remember that such statements are based on our current beliefs, expectations, estimates, and assumptions and that our expectations, estimates and assumptions may not be achieved, even though we believe they are reasonable. We do not guarantee that any future transactions or events described herein will happen as described or that they will happen at all. You should read this report completely and with the understanding that
Load more

Recommended publications
  • ANNUAL REPORT PURSUANT to SECTION 13 OR 15(D) of the SECURITIES EXCHANGE ACT of 1934 for the FISCAL YEAR ENDED DECEMBER 31, 1997 OR
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 1997 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(b) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ________________. Commission file number: 0-26176 EchoStar Communications Corporation (Exact name of registrant as specified in its charter) Nevada 88-0336997 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 5701 S. Santa Fe Littleton, Colorado 80120 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (303) 723-1000 Securities registered pursuant to Section 12(b) of the Act: None Securities registered pursuant to Section 12(g) of the Act: Class A Common Stock, $0.01 par value 6 ¾% Series C Cumulative Convertible Preferred Stock Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of Registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.
    [Show full text]
  • On Orbital Debris JEFF FOUST, COLLEGE PARK, Md
    NOVEMBER 24, 2014 SPOTLIGHT Clyde Space See page 12 www.spacenews.com VOLUME 25 ISSUE 46 $4.95 ($7.50 Non-U.S.) PROFILE/22> YVONNE PENDLETON DIRECTOR, SOLAR SYSTEM EXPLORATION RESEARCH VIRTUAL INSTITUTE INSIDE THIS ISSUE LAUNCH INDUSTRY Swift Development of Ariane 6 Urged Applauding the end of a French-German impasse over the Ariane 6 rocket, the European Satellite Operators Association said the vehicle needs to be in service as quickly as possible. See story, page 8 ATK Hints at Antares Engine Selection Alliant Techsystems Chief Executive Mark DeYoung said there are no near-term liquid- propulsion alternatives to Russian engines for U.S. rockets. See story, page 6 ESA PHOTO Virginia May Seek Federal Funds for Wallops > “We have found a compromise that is OK for both countries, for the other participating states and also for industry,” Brigitte Zypries (above), Germany’s Virginia’s two U.S. senators said they may seek federal funds to cover $20 million in repairs to the space minister, said of an agreement under which Germany and France will back the Ariane 6 rocket and scrap the Ariane 5 Midlife Evolution. Wallops Island launch pad damaged when Orbital Sciences’ Antares exploded. See story, page 6 MILITARY SPACE Protected Tactical Waveform Taking Shape German-French Compromise The U.S. Air Force is expected to demonstrate its protected tactical waveform in new modems and reworked terminals as early as 2018. See story, page 11 U.S. To Grant Indirect Access to Space Fence Paves Direct Path to Ariane 6 The Pentagon’s international space surveillance partners will have indirect access to data from the Air Force’s next-generation Space Fence tracking system.
    [Show full text]
  • 2010 Annual Report
    EchoStar Annual Report Year Ended December 31, 2010 March 24, 2011 Dear EchoStar Corporation Shareholders: After three full years as an independent, publicly-traded company, we continue to concentrate on developing digital equipment and satellite service solutions for domestic and international satellite, cable TV, IPTV, terrestrial and telecommunications operators. I am pleased to report that EchoStar had a strong year in 2010. Our revenue grew 23% to $2.35 billion. Throughout the year, we continued to focus on efficiency across our operations, which resulted in improved operating margins. Despite difficult economic conditions, we see opportunities for growth in emerging markets. To this end, our Mexican joint venture, Dish Mexico, is one of the fastest growing DTH service providers in the world, approaching two million subscribers with healthy margins. As we identify opportunities, we continue to evaluate partnerships, joint ventures and strategic acquisitions that will leverage our digital equipment, satellite and operational expertise around the globe. Sling Media continues to deliver on the promise of TV Everywhere. Its placeshifting platform expanded further onto iPad, Android, Windows Phone and other Internet-connected devices. For example, we launched our award winning Slingbox 700U, the smallest, thinnest and easiest to install Slingbox in our history. Furthermore, our Sling related revenues are rising due to expanded retail growth and sales to pay-TV operators. Meanwhile, the acquisition of Move Networks and its adaptive video delivery technologies increase our IPTV capability in the U.S. and abroad. Move provides us with the ability to deliver an Over The Top video service as well as a competitive advantage in the video delivery marketplace.
    [Show full text]
  • Maxar Technologies with Respect to Future Events, Financial Performance and Operational Capabilities
    Leading Innovation in the New Space Economy Howard L. Lance President and Chief Executive Officer Forward-Looking Statement This presentation contains forward-looking statements and information, which reflect the current view of Maxar Technologies with respect to future events, financial performance and operational capabilities. The forward-looking statements in this presentation include statements as to managements’ expectations with respect to: the benefits of the transaction and strategic and integration opportunities; the company’s plans, objectives, expectations and intentions; expectations for sales growth, synergies, earnings and performance; shareholder value; and other statements that are not historical facts. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Any such forward-looking statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this presentation. Additional information concerning these risk factors can be found in the Company’s filings with Canadian securities regulatory authorities, which are available online under the Company’s profile at www.sedar.com, the Company’s filings with the United States Securities and Exchange Commission, or on the Company’s website at www.maxar.com, and in DigitalGlobe’s filings with the SEC, including Item 1A of DigitalGlobe’s Annual Report on Form 10-K for the year ended December 31, 2016. The forward-looking statements contained in this presentation are expressly qualified in their entirety by the foregoing cautionary statements and are based upon data available as of the date of this release and speak only as of such date.
    [Show full text]
  • Echostar Annual Report Year Ended December 31, 2012 March 20, 2013
    NASDAQ: SATS 100 Inverness Terrace East Englewood, CO 80112 303.706.4000 | echostar.com EchoStar Annual Report Year Ended December 31, 2012 March 20, 2013 Dear EchoStar Corporation Shareholders; 2012 was a very busy year for EchoStar. One of the most exciting accomplishments for 2012 was the addition of two new satellites to our growing fleet through the successful launches of EchoStar XVI and EchoStar XVII, bringing our total number of owned, leased and managed spacecraft to twenty-two. EchoStar operates the world’s fourth largest commercial geostationary satellite fleet and we continue to solidify our position as a premier global leader in satellite communications and operations. EchoStar ended 2012 with revenue of $3.1 billion, a growth of 13% over 2011. EBITDA in 2012 was $794 million, a growth of 64% over 2011. We generated a healthy $508 million of cash from operating activities in 2012 as a result primarily of the strong net income in 2012 and ended the year with a strong balance sheet with $1.5 billion of cash and marketable securities. EchoStar reached two very important long-term North America goals in 2012 with the market implementation of the HughesNet Gen4 service and the roll-out of the Hopper Whole Home DVR solution for DISH. Both solutions are garnering high praise and rapid adoption by consumers, a glowing testament to the capabilities and ingenuity of the EchoStar team. Additional notable accomplishments for 2012 include the very successful introduction of two new Slingbox retail products, several large enterprise contract renewals and new customers for Hughes data network services around the globe, and above-forecast sales of set-top-box products and video services to our established operator customers.
    [Show full text]
  • 2010 Commercial Space Transportation Forecasts
    2010 Commercial Space Transportation Forecasts May 2010 FAA Commercial Space Transportation (AST) and the Commercial Space Transportation Advisory Committee (COMSTAC) HQ-101151.INDD 2010 Commercial Space Transportation Forecasts About the Office of Commercial Space Transportation The Federal Aviation Administration’s Office of Commercial Space Transportation (FAA/AST) licenses and regulates U.S. commercial space launch and reentry activity, as well as the operation of non-federal launch and reentry sites, as authorized by Executive Order 12465 and Title 49 United States Code, Subtitle IX, Chapter 701 (formerly the Commercial Space Launch Act). FAA/AST’s mission is to ensure public health and safety and the safety of property while protecting the national security and foreign policy interests of the United States during commercial launch and reentry operations. In addition, FAA/AST is directed to encourage, facilitate, and promote commercial space launches and reentries. Additional information concerning commercial space transportation can be found on FAA/AST’s web site at http://ast.faa.gov. Cover: Art by John Sloan (2010) NOTICE Use of trade names or names of manufacturers in this document does not constitute an official endorsement of such products or manufacturers, either expressed or implied, by the Federal Aviation Administration. • i • Federal Aviation Administration / Commercial Space Transportation Table of Contents Executive Summary . 1 Introduction . 4 About the CoMStAC GSo Forecast . .4 About the FAA NGSo Forecast . .4 ChAracteriStics oF the CommerCiAl Space transportAtioN MArket . .5 Demand ForecastS . .5 COMSTAC 2010 Commercial Geosynchronous Orbit (GSO) Launch Demand Forecast . 7 exeCutive Summary . .7 BackGround . .9 Forecast MethoDoloGy . .9 CoMStAC CommerCiAl GSo Launch Demand Forecast reSultS .
    [Show full text]
  • Echostar DBS Corporation
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2004 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 333-31929 EchoStar DBS Corporation (Exact name of registrant as specified in its charter) Colorado 84-1328967 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 9601 South Meridian Boulevard Englewood, Colorado 80112 (Address of principal executive offices) (Zip code) (303) 723-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark whether the registrant is an accelerated filer (as defined by Rule 12b-2 of the Exchange Act). Yes [ ] No [X] As of July 30, 2004, the Registrant’s outstanding common stock consisted of 1,015 shares of Common Stock, $0.01 par value. The Registrant meets the conditions set forth in General Instruction (H)(1)(a) and (b) of Form 10-Q and is therefore filing this Form 10-Q with the reduced disclosure format.
    [Show full text]
  • MT Aerospace (Germany)
    https://ntrs.nasa.gov/search.jsp?R=20080014278 2019-08-30T04:19:50+00:00Z European Directions for Hypersonic Thermal Protection Systems and Hot Structures 31st Annual Conference on Composites Materials and Structures Daytona Beach, FL January 22, 2007 David E. Glass NASA Langley Research Center, Hampton, VA 23681 Approved for Public Release, Distribution Unlimited Agenda ♦ Background • Comments on prior ESA workshop • X-38 • Hopper ♦ Flight Vehicle Based Technology Development • IXV (ESA) • EXPERT (ESA) • USV (Italy) • SHEFEX (Germany) • SHyFE (UK) • LEA (France) • Foton (Russia) ♦ Non-Vehicle Specific Technology ♦ Concluding Remarks 2 European TPS and Hot Structures Research and Development ♦TPS and hot structures research and development critical for future space vehicles ♦Developing next generation TPS and hot structures technology (not Space Shuttle derived technology) ♦Long-term funding based on technology needs ♦Wide industry support and commitment to X-38 program ♦Test facilities developed for TPS and hot structures development • Thermal/structural test chamber • Arc-jet tunnels developed in recent years ♦Technology development has broad base • Fabrication • Testing • Large components • Fasteners • Bearings • Oxidation protection • Damage repair • Life cycle Wayne Sawyer comments from previous ESA TPS & Hot Structures Workshop 3 European TPS and Hot Structures Research and Development ♦ Proposing numerous experimental launch vehicles dedicated to or with TPS and hot structures research of prime consideration ♦ Committing significant
    [Show full text]
  • Mission Analysis and Preliminary Re-Entry Trajectory Design of the DLR Reusability Flight Experiment Refex
    8TH EUROPEAN CONFERENCE FOR AERONAUTICS AND SPACE SCIENCES (EUCASS) Mission Analysis and Preliminary Re-entry Trajectory Design of the DLR Reusability Flight Experiment ReFEx Sven Stappert*, Peter Rickmers*, Waldemar Bauer*, Martin Sippel* *German Aerospace Center (DLR), Institute of Space Systems, Robert-Hooke-Straße 7, 28359 Bremen [email protected], [email protected], [email protected], [email protected] Abstract Driven by the recently increased demand for investigating reusable launchers, the German Aerospace Center (DLR) is currently developing the Reusability Flight Experiment (ReFEx). The goal is to demonstrate the capability of performing an atmospheric re-entry, representative of a possible future winged reusable stage, and to develop and test key technologies for such reusable stages. The flight demonstrator ReFEx shall perform a controlled and autonomous re-entry from hypersonic velocity of approximately Mach 5 down to subsonic velocity after separation from the VSB-30 booster. The focus of this paper is the re-entry trajectory design for the ReFEx mission. Abbreviations AoA Angle of Attack AVS Avionics BC Ballistic Coefficient BoGC Begin of Guided Control CALLISTO Cooperative Action Leading to Launcher Innovation in Stage Tossback Operation DOF Degree of Freedom ELV Expendable Launch Vehicle EoE End Of Experiment GNC Guidance, Navigation and Control L/D Lift-to-Drag Ratio FPA Flight Path Angle LFBB Liquid Fly-Back Booster MECO Main Engine Cut-Off RCS Reaction Control System RLV Reusable Launch Vehicle TOSCA Trajectory Optimization and Simulation of Conventional and Advanced Spacecraft VTHL Vertical Takeoff, Horizontal Landing VTVL Vertical Takeoff, Vertical Landing 1. Introduction The recent successes of the emerging private space companies SpaceX and Blue Origin in landing, recovering and relaunching reusable first stages have demonstrated the possibility of building reliable and competitive reusable first stages.
    [Show full text]
  • The Annual Compendium of Commercial Space Transportation: 2012
    Federal Aviation Administration The Annual Compendium of Commercial Space Transportation: 2012 February 2013 About FAA About the FAA Office of Commercial Space Transportation The Federal Aviation Administration’s Office of Commercial Space Transportation (FAA AST) licenses and regulates U.S. commercial space launch and reentry activity, as well as the operation of non-federal launch and reentry sites, as authorized by Executive Order 12465 and Title 51 United States Code, Subtitle V, Chapter 509 (formerly the Commercial Space Launch Act). FAA AST’s mission is to ensure public health and safety and the safety of property while protecting the national security and foreign policy interests of the United States during commercial launch and reentry operations. In addition, FAA AST is directed to encourage, facilitate, and promote commercial space launches and reentries. Additional information concerning commercial space transportation can be found on FAA AST’s website: http://www.faa.gov/go/ast Cover art: Phil Smith, The Tauri Group (2013) NOTICE Use of trade names or names of manufacturers in this document does not constitute an official endorsement of such products or manufacturers, either expressed or implied, by the Federal Aviation Administration. • i • Federal Aviation Administration’s Office of Commercial Space Transportation Dear Colleague, 2012 was a very active year for the entire commercial space industry. In addition to all of the dramatic space transportation events, including the first-ever commercial mission flown to and from the International Space Station, the year was also a very busy one from the government’s perspective. It is clear that the level and pace of activity is beginning to increase significantly.
    [Show full text]
  • 2017 Annual Report
    ANNUAL REPORT YEAR ENDING DECEMBER 31, 2017 A Nasdaq-100 Company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¶VKLVWRULFDOO\ORZSD\79VDWLVIDFWLRQZLWK³7XQHG,Q7R<RX´D',6+79SURPLVHWROLVWHQWRDQG ILJKWIRUFXVWRPHUV:HLQWURGXFHGZKROHKRPHKDQGVIUHH79DVWKHILUVWSD\79SURYLGHUWRLQWHJUDWH$OH[DYRLFHFRQWURO $VWKH\HDUFORVHG',6+79ZDVUDQNHGLQ&XVWRPHU6HUYLFHQDWLRQDOO\E\-'3RZHUDQGRXUFXVWRPHUV 6OLQJ79ZDVWKHILUVWDQGUHPDLQVWKHOHDGLQJOLYHDQGRQGHPDQGVWUHDPLQJVHUYLFH:HEXLOWDGLIIHUHQWPRGHOWKDWJLYHV
    [Show full text]
  • Space Systems/Loral Delivers Echostar XV
    Space Systems/Loral Delivers EchoStar XV Satellite to Launch Base Ahead of Schedule PALO ALTO, Calif., Jun 9, 2010 (GlobeNewswire via COMTEX News Network) -- Space Systems/Loral (SS/L), the world's leading provider of commercial satellites, today announced that it shipped a new communications satellite built for DISH Network to the Baikonur Space Center in Kazakhstan, where it is scheduled to launch in early July aboard an ILS Proton Breeze M vehicle provided by International Launch Services (ILS). "Our team committed to delivering this highly complex and advanced satellite on a very aggressive schedule," said John Celli, president of Space Systems/Loral. "Not only did we meet the schedule but we delivered the satellite even earlier so that DISH Network could take advantage of an earlier launch vehicle availability. We believe that satellite operators such as DISH Network continue to come back to SS/L for their spacecraft because of our ability to provide highly reliable satellites with exceptional performance. However, they also get a flexible partner that always strives to accommodate changing requirements." EchoStar XV is a powerful Direct Broadcast Satellite (DBS), which will support the expansion of DISH Network's programming and services. The satellite is based on the decade's proven Space Systems/Loral 1300 platform, which provides the power and flexibility for a broad range of applications. "We are extremely pleased that SS/L was able to provide this satellite ahead of schedule," said Rohan Zaveri, vice president of Space Programs for EchoStar Satellite Services L.L.C., which manages DISH Network's space programs.
    [Show full text]