Bonnie:
Perhaps you should look at commercial satcom business again. This is not your father's satcom business. The recent interest stems from the new applications, internet via satellite, ATM by satellite, virtual private networks, VSAT networks, digital DTH, SNG, LEO telephony, GEO telephony, GPS, high-resolution imaging, etc. LMT is not in any way comparable to Loral--diverse defense business vs. commercial sat manufacturer and owner--I don't see the connection. LMT is a smaller sat manufacturer than SS/L, and it represents only a fraction of their revenues. SS/L is a profitable business, without being subsidized by the government. Do your homework Bonnie before you make blanket statements! |
