The focus is on the new headman, Michael Armstrong, who comes from Hughes Electronics.
And while rivals will crowd the skies--Hughes Electronics' Spaceway, Loral's CyberStar and Teledesic among them--Astrolink promises global coverage.
GM's car business (that is, GM minus the Hughes Electronics stake) has a market value half that of Yahoo.
The "H" shares that the automaker issued in 1985 for Hughes Electronics are still a tracker, and are up 553% .
Wang previously worked at Bertelsmann Group and Hughes Electronics and received degrees from INSEAD, Johns Hopkins and the College of Staten Island.
FORBES: Tudou CEO Gary Wang On Online Video, Mobile and Producing Original Content
Back out GM's Hughes Electronics and they have actually lost 21% .
The company's space ambitions, which inspired the acquisition of Hughes Electronics' space and satellite business in 2000, have been an expensive flop.
Hughes Electronics will go to EchoStar, denying Rupert Murdoch a long-sought prize.
More recently, Raytheon, headquartered in Lexington, Massachusetts, acquired Hughes Electronics' defence operations, and Lockheed was absorbed into Lockheed Martin, based in Bethesda, Maryland.
TV, the biggest firm in the business (owned by Hughes Electronics, itself a subsidiary of General Motors) merged with United States Satellite Broadcasting.
General Motors started serious talks about the sale of its Hughes Electronics division, owner of DirectTV , a year ago with News Corp.
Satellite companies like Hughes Electronics and EchoStar Communications are encroaching on cable's territory, carrying hundreds of channels, including local offerings, with digital-quality picture and sound.
Still, no one doubts that DirecTV, which is a unit of Hughes Electronics (nyse: GMH - news - people ), has a major piracy problem.
The recent loss reflected a charge to cover the breakup fee for EchoStar's failed merger with rival Hughes Electronics (nyse: GMH - news - people ).
UltimateTV combined programming from Hughes Electronics ' (nyse: GMH - news - people ) DirecTV unit, digital video recording, live TV controls, interactive television and Internet access.
ICO's ten satellites, made by Hughes Electronics, are eight times more powerful, and will be able to provide coverage that is at least as good as Iridium's 66-strong constellation and the 48 of Globalstar.
The company that CEO McNerney took over in 2005 on the heels of two failed predecessors was a fractious confederation of old Boeing, McDonnell Douglas, Rockwell International and Hughes Electronics employees full of redundant facilities and divided loyalties.
The Electronic Systems business of Northrop Grumman coalesced from a series transactions that acquired parts of Westinghouse, Teledyne, L ITTon Industries and TRW. Raytheon grew to its current prominence by acquiring the old Hughes Electronics and parts of Texas Instruments.
FORBES: Wave Of Consolidation May Be Coming In Military Electronics
DirecTV , owned by General Motors' Hughes Electronics (nyse: GMH - news - people ) unit, added 980, 000 subscribers last year to hit the 11 million mark, making it second only to Comcast (nasdaq: CMCSA - news - people ).
For the rest of us, it amounts to another murky subplot in the ongoing story of EchoStar's quest to merge with its main satellite competitor, the DirecTV unit of Hughes Electronics (nyse: GMH - news - people ), which is in turn majority-owned by General Motors (nyse: GM - news - people ).
But Boeing had also acquired North American Rockwell with its space business, and later gained satellite expertise by buying parts of Hughes's electronics business.
ECONOMIST: America's defence companies are turning dual-purpose
应用推荐