|To: robert b furman who wrote (17)||9/17/2004 11:39:55 AM|
|Regarding Harris-Deprince Zolo asked the question. I used to work right down the road from Harris RF communications division. Secure communications is a bright spot. I believe he said revenue will start from the project in FY 2005. It will be interesting to see if Harris becomes a top customer on future 10-K's. We will have more of a clue as it develops. |
IMO-When Gilliam turns profitable, is when thing could break out to the upside. Heavy R & D spending has held back profits, but has made the future brighter by creating a future profit growth center.
The recent pull back is on low volume. Most likely from traders taking profits. I noticed some buy orders in excess of 5000 shares on the up day. Remember there are no options to hedge this stock. Only shorting against the box. Naked shorting this stock is suicide-IMO.
I wished someone would have asked a question regarding the oil project.
Just guessing-Some DOD contracts (especially homeland security) might be stated as just classified electronics. Not a specific $ amount to a subcontractor project.
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|From: richardred||9/9/2005 10:03:10 AM|
Frequency Electronics, Inc. Announces Satellite Contracts
Thursday September 8, 5:03 pm ET
MITCHEL FIELD, N.Y.--(BUSINESS WIRE)--Sept. 8, 2005--Frequency Electronics, Inc. (AMEX: FEI - News) announced today that it has been awarded contracts totaling over $13 million by a major satellite integrator. The contracts call for the Company to build the ultra-stable, low phase noise master reference oscillators, microwave reference signal generators, and microwave frequency synthesizers for two new commercial communications satellites. All deliveries under these contracts are to be completed by October 2006.
Commenting on this award, President and CEO Martin Bloch said: "These awards are a direct result of the key technology developed by our R&D efforts over the last three years, which achieved reduced cost, smaller size, and lower power requirements in these products. Adding the signal generators and frequency synthesizers to the master reference oscillators gives us a much larger piece of the business in these new satellites. These awards reflect an important trend in the satellite business. Major integrators are beginning to out-source highly specialized technologies to realize significant benefits in cost-effectiveness and scheduling. Typically, in the past a satellite integrator would have kept all but the master reference oscillator as in-house work. In the coming years, we expect to benefit in great measure from this out-sourcing trend."
About Frequency Electronics
Frequency Electronics, Inc. is a world leader in the design, development and manufacture of high-technology frequency, timing and synchronization products for satellite and terrestrial voice, video and data telecommunications. The Company's technologies provide unique solutions that are essential building blocks for the next generation of broadband wireless and fiber optic communications systems, and for the ongoing expansion of existing wireless and wireline networks. The Company has received over 60 awards of excellence for achievements in providing high performance electronic assemblies for over 120 space programs. The Company invests significant resources in research and development and in strategic acquisitions to expand its capabilities and markets. The Company's Gillam-FEI subsidiary provides the Company with expertise in wireline network synchronization and access to worldwide service providers. The FEI-Zyfer subsidiary provides secure timing ("SAASM") capabilities for critical military and commercial applications. Additional information is available on FEI's website: www.frequencyelectronics.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements in this press release regarding the future constitute "forward-looking" statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, inability to integrate operations and personnel, actions by significant customers or competitors, general domestic and international economic conditions, consumer spending trends, reliance on key customers, continued acceptance of the Company's products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, competitive developments, changes in manufacturing and transportation costs, the availability of capital, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Frequency Electronics, Inc.
General Joseph P. Franklin, 516-794-4500
Source: Frequency Electronics, Inc.
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|To: richardred who wrote (35)||9/9/2005 10:17:52 AM|
|Satellite work a bright future!|
>the market for the application of key technologies and services to commercial consumers and governments is set to grow in the mid-term.
I find this Snipped statement applies here at FEI!
$25.4 billion to be spent on satellites in next decade
Flight International online news 15:00 GMT: The market for commercial communication satellites is expected to be worth $25.4 billion over the next 10 years, according to a new report from aerospace intelligence company Forecast International.
Source: EADS Astrium
In its analysis called: "Commercial Communications Satellites: 2005-2014," Forecast predicts that 224 commercial communications satellites destined for geostationary or medium Earth orbit will be constructed over the next decade.
However, the low-Earth-orbiting (LEO) market, comprised of satellites primarily for providing mobile communications, will see production of just 29 spacecraft, worth only about $114 million says Forecast.
Overall, Forecasts says the order books of manufacturers of commercial communications satellites did not make particularly good reading in 2004.
Of the 12 new commercial communications satellites ordered last year, eight were non-competitive sales, that is, they were either almost guaranteed to go to a certain manufacturer due to issues such as export restrictions or orders that were placed as part of earlier transactions.
But, says Forecast, the market for the application of key technologies and services to commercial consumers and governments is set to grow in the mid-term.
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|To: richardred who wrote (36)||9/9/2005 10:22:05 AM|
|The possible customer?|
Orbital Receives Contract For Horizons-2 Commercial Communications Satellite
Joint Venture Between PanAmSat and JSAT to Utilize Company's STARTM Small Geosynchronous Satellite Platform
(Dulles, VA 30 August 2005) - Orbital Sciences Corporation (NYSE: ORB) announced today that Horizons-2 Satellite, LLC, a 50/50 joint venture between PanAmSat Corporation (NYSE: PA) and JSAT Corporation (Tokyo: JSAT), has ordered one geosynchronous (GEO) communications satellite, which will be based on Orbital's industry-leading STARTM small satellite platform. The spacecraft will carry the name Horizons-2 and will be launched into a PanAmSat-licensed orbital slot at 74 degrees West Longitude over the United States. The new order calls for a 22-month on-ground delivery schedule. Financial terms of the contract were not disclosed.
"Once again, our smaller-sized STARTM GEO satellite platform has proved to be the ideal choice for satellite operators that seek an optimal balance between satellite capacity and customer demand," said Dr. Ali Atia, head of Orbital's commercial GEO satellite business unit. "We are delighted to add JSAT to the list of blue-chip customers who have adopted the 'STAR small satellite solution,' an industry trend of which PanAmSat has been the leading proponent."
The new satellite is the fifth that has been ordered through the company's association with PanAmSat, which originally became a customer in 2001. Prior to the Horizons-2 joint venture order with JSAT, PanAmSat had previously purchased from Orbital three C-band satellites for U.S. domestic communications services, and a hybrid (C and Ku bands) satellite for international services.
"We are pleased to announce the purchase of the Horizons-2 satellite which extends two significant partnerships that PanAmSat has developed over the past five years," said Joe Wright, CEO PanAmSat. "First, PanAmSat and JSAT will double capacity in our Horizons joint venture, which has already proven to be a highly successful for both companies. This satellite will provide Ku-band growth capacity in North America for PanAmSat in 2007 through the next decade. And secondly, we are extending our relationship with Orbital Sciences as our primary supplier of small satellites which have become a critical part of our business strategy going forward."
The first C-band satellite, Galaxy 12, was launched in 2003 and the second, Galaxy 14, was launched earlier this month. The last of the original three-satellite order, Galaxy 15, was recently shipped to the launch site in preparation for a launch in September. A fourth satellite was ordered earlier this year, the hybrid PAS-11, which is currently in the design and manufacturing phase.
The Horizons-2 satellite will carry 20 active high-power Ku-band transponders. The satellite will generate approximately 3.5 kilowatts of payload power and will weigh about 2,300 kg at launch.
Orbital develops and manufactures small space systems for commercial, civil government and military customers. The company's primary products are satellites and launch vehicles, including low-orbit, geostationary and planetary spacecraft for communications, remote sensing and scientific missions; ground- and air-launched rockets that deliver satellites into orbit; and missile defense boosters that are used as interceptor and target vehicles. Orbital also offers space-related technical services to government agencies and develops and builds satellite-based transportation management systems for public transit agencies and private vehicle fleet operators.
More information about Orbital can be found at orbital.com
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|To: richardred who wrote (35)||11/18/2005 10:46:52 PM|
|Wireless By Satellite|
Lazlow 11/17/2005 12:02 am
While the Fonz was making out at Inspiration Point or pounding out requests on a jukebox and (inexplicably) hanging out in the bathroom of Al's Diner, 1950s America was suddenly rocked to reality at the announcement that the Soviets were launching dogs into space. Dogs and monkeys have always had grand plans for space domination, and with the successful launch of Sputnik II and a dog named Laika on Nov. 3, 1957, America took notice. The space race continues to this day, though it's now less about sending monkeys in rockets and more about launching rockets with satellites so people in rural Idaho can watch monkey documentaries on Animal Planet.
Satellite TV plays in SUVs and vans across America, thanks to flat satellite receivers mounted on rooftops. Internet access via satellite dish is appearing on RVs and tour buses, giving retirees and rock stars high-speed connectivity wherever the road may take them. Satellite radio, the thorn in the side of terrestrial broadcasters, has been testing video streams as well, adding a whole new dynamic to the "rear seat entertainment" market. Both XM and Sirius are testing the technology, and the prospect of watching Opie and Anthony as you listen to them could be offered in the foreseeable future.
We've become used to satellites. It's hard for people to fathom life without satellite-tracking technology for vehicles, allowing the directionally disoriented to hit a button on the dashboard that says "home" and receive audio directions on how to get there. Truckers are tracked by satellite, bread deliverymen, too. Companies even sell satellite-tracking kits so you can see if your kid has taken your convertible to Inspiration Point.
While satellite phone pioneer Iridium flopped, the service itself eventually caught on, allowing everyone from journalists in Baghdad to executives on vacation in Bali to phone home. Now telecom giants are eying a two part strategy: squash plans by cities and municipalities to offer low-cost municipal broadband and wireless to taxpayers, and invest in wireless broadband by satellite.
Inmarsat's Broadband Global Area Network will go online next year and cover 88 percent of the globe's landmass, according to the company. Others are in on the race, too. According to Wired, Hughes Network Systems has a broadband service in the works for North America. Titled Spaceway, the system is set to go live in 2006.
Launching all these satellites to feed our need for TV and wireless access isn't done by NASA. Sea Launch, a company formed by interests at Boeing, RSC-Energia of Russia and Kvaerner ASA of Norway, has launched satellites that give you DirecTV, Dish Network programming and XM Satellite Radio. Two hundred-foot rockets are launched from a converted oil-drilling platform in the middle of the ocean.
Sea Launch delivered Inmarsat's satellite into orbit on Nov. 8. And as the Internet goes wireless by satellite, the places you can truly unplug will disappear.
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|To: richardred who wrote (38)||11/30/2005 11:28:53 AM|
|Possible DOD interest here!|
New contracts today
Lockheed Martin, Maritime Systems & Sensors, Moorestown, N.J., is being awarded a $125,840,000 cost-plus-award-fee modification to exercise an option under previously awarded contract (N00024-98-C-5197) to provide for performance of AEGIS Combat System baseline upgrades. Services will include providing material, equipment, supplies and technical engineering required to define, design, develop, integrate, test and deliver AEGIS baseline computer programs for combat system upgrades, which may be further clarified by written technical instructions. Work will be performed in Moorestown, N.J., and is expected to be completed by September 2007. Contract funds will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.
Lockheed Martin Space Systems, Sunnyvale, Calif., is being awarded a $67,949,000 cost plus award fee contract modification to provide for on-orbit engineering support for satellite operations and sustainment of the Milstar strategic and tactical satellite communication system and Defense Satellite Communications System (DSCS) III programs. The contract action exercises an existing option on the contract for the third year of performance on the five-year contract. The period of performance for this effort is December 2005 through November 2007. At this time, $14,841,155 has been obligated. This work will be complete November 2006. The Headquarters Space and Missile Systems Center, Los Angeles Air Force Base, Calif., is the contracting activity. (FA8808-04-C-0012/P00029)
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