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Alcatel Alenia Space Sees Revenue Growth In 2007
Jan 18, 2007 14:14:00 (ET)
PARIS (Dow Jones)--Alcatel Alenia Space, the space division of electronic and telecoms equipment company Alcatel-Lucent (ALU), said Thursday it expects further revenue growth in 2007 after a 10% rise last year.
A spokeswoman for the division, which will be folded into electronics and defense equipment company Thales SA (12132.FR) later this year, declined to give figures, noting that Alcatel-Lucent, which controls two-thirds of the space unit, will be reporting its 2006 results on Feb. 9. Alenia SpA of Italy holds the remaining one-third of the space company's capital.
Alcatel Alenia Space sold a total of 57 satellites last year, including eight geostationary communications satellites and 48 second-generation low Earth orbit satellites for satellite operator Globalstar Inc (GSAT).
The official said Alcatel Alenia Space hopes to at least maintain in 2007 last year's 30% market share for geostationary satellites, as well as one-third of the world market for commercial satellite payloads.
-By David Pearson, Dow Jones Newswires; +331 4017 1740, david.pearson*dowjones.com
(END) Dow Jones Newswires
January 18, 2007 14:14 ET (19:14 GMT)
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LGS Officially Starts Operation and Appoints Senior Leadership Team to Serve U.S. Government Community
Jan 22, 2007 10:10:03 (ET)
VIENNA, Va., Jan 22, 2007 (BUSINESS WIRE) -- LGS, a subsidiary of Alcatel-Lucent dedicated to serving the U.S. Government community, today announced it was fully operational and serving its customers.
LGS, headquartered in Vienna, Va., and with offices in California, Colorado, Maryland, New Jersey and North Carolina, was created by joining the Lucent and Alcatel Government business units and Bell Labs Government. LGS is the sole sales and contracting channel for all classified and unclassified business contracted from U.S. federal agencies and departments, both military and civilian.
Reporting to LGS CEO Ron Iverson and COO/CTO Dave Bishop are a talented team of people representing the deep government and industry expertise of the three organizations that combined to create LGS. They include:
-- Dan Bigbie, Vice President Sales & Business Development
-- Edward C. Bursk, Chief Marketing Officer
-- John D'Amore, Chief Financial Officer
-- Edward M. Eldridge Jr., Director of Operations
-- Michael D. Garson, General Counsel and Chief Compliance Officer
-- Michael J. Geller, Vice President of Products and Technology
-- Kevin L. Kelly, Chief Strategist
-- Theresa J. Quallich, SPHR, CCP, Director of Human Resources
LGS designs and delivers Transformed Communications and R&D-based technology solutions to the U.S. government community. Leveraging the world-class R&D of Bell Labs and innovation of Alcatel-Lucent, with global reach and expertise, LGS challenges itself to solve the unsolvable and deliver secure, reliable, standards-based solutions to its customers. For more information about LGS visit www.LGSinnovations.com .
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