| Business Summary | | Loral
Space
&
Communications
Ltd.
(Loral)
is
a
satellite
communications
company
with
substantial
activities
in
satellite
manufacturing
and
satellite-based
communications
services.
Loral
has
assembled
the
building
blocks
necessary
to
provide
a
seamless,
global
networking
capability
for
the
information
age.
The
Company
is
organized
into
three
distinct
operating
businesses:
Fixed
Satellite
Services,
Satellite
Manufacturing
and
Technology,
and
Data
Services.
Fixed
Satellite
Services
leases
transponder
capacity
to
customers
for
various
applications,
including
broadcasting,
news
gathering,
Internet
access
and
transmission,
private
voice
and
data
networks,
business
television,
distance
learning
and
direct-to-home
television.
Satellite
Manufacturing
and
Technology
designs
and
manufactures
satellites
and
space
systems
and
develops
satellite
technology
for
a
broad
variety
of
customers
and
applications.
Data
Services
provides
managed
communications
networks
and
Internet
and
intranet
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Loral
Space
and
Communications
is
a
satellite
communications
company
operating
in
three
distinct
segments:
Fixed
Satellite
Services,
Satellite
Manufacturing
and
Technology,
and
Data
Services.
For
the
six
months
ended
6/30/01,
revenues
fell
17%
to
$536
million.
Net
loss
applicable
to
Common
before
accounting
change
fell
33%
to
$168.8
million.
Results
reflect
lower
sales
in
satellite
manufacturing,
offset
by
lower
losses
of
affiliates. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bernard Schwartz, 74 Chairman,
CEO | $2.0M | Eric Zahler, 49 Pres,
COO, Director | 1.1M | Richard Townsend, 49 Sr.
VP and CFO | 774K | Nicholas Moren, 53 Sr.
VP and Treasurer | 873K | Robert Berry, 71 Sr.
VP and Pres of Space Systems/Loral | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|