Cablevision Unit to Buy Five Lockheed Satellites
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Cablevision Systems Corp. said its Rainbow DBS unit is to buy five satellites from Lockheed Martin Corp. for about $740 million as it expands its satellite television operations.
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Satellite television broadcast company DirecTV Group Inc. said Monday that it plans to purchase stakes in Sky Brasil, Sky Mexico and Sky Multi-Country Partners from News Corp., Liberty Media Corp. and others for $579 million in cash, as part of a reorganization of the company's Latin American operations.
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Defense contractor Lockheed Martin Corp. on Friday said its business in Syracuse will hire up to 500 new engineers in 2005. In October, the Syracuse business said it would hire 40 employees by the end of the
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Upcoming DVR will offer CableCard and HDTV support.
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The US space agency gives the contract to build its new spacecraft Orion to Lockheed Martin.
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U.S. cable channel The Weather Channel is to be put up for sale and could fetch more than $5 billion, The New York Times said in an online report on Thursday, quoting people briefed on the auction.
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Bethesda-based Lockheed Martin has been chosen by the US Postal Service to provide managed network services in a potential $6 billion deal.
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Rupert Murdoch&#39;s DirecTV Group Inc. will pay $579 million to consolidate its Latin American operations with other Murdoch-controlled satellite-television businesses in Brazil, Mexico, Colombia and Chile.
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NASA has awarded a   multibillion-dollar contract to Lockheed Martin Corp. LMT.N   to design, develop and test a manned spaceship to replace aging   U.S. space shuttles, a congressional source familiar with the   decision told Reuters on Thursday.
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Cablevision Systems Corp., a Long Island-based cable TV provider, said Tuesday it is suspending plans for a spinoff of its money-losing satellite broadcasting business and will put the unit on the market instead.
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EchoStar Communications Corp. said on Thursday it agreed to purchase a direct broadcast satellite from a unit of Cablevision Systems Corp. for &#36;200 million.
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U.S. antitrust authorities on Tuesday approved the planned merger of the government rocket launch units of Lockheed Martin Corp.  and Boeing Co. , a deal the companies say will save taxpayers $150 million annually in satellite launching costs.
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SYRACUSE, NY -- Lockheed Martin announced Monday that its Maritime Systems &amp; Sensors unit has received contracts worth $625 million for radar development.
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Lockheed Martin Corp. won a contract potentially worth $3 billion to provide managed network services to the U.S. Postal Service.
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CommScope Inc.  plans to buy rival communications equipment maker Andrew Corp.  for about $2.6 billion to help both sides cut manufacturing costs, the companies said on Wednesday.
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The maker of cable for communications companies has agreed to buy the Andrew Corporation for about $2.6 billion to bolster sales to mobile phone and wireless Internet companies.
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Rupert Murdoch's News Corp. Ltd.  NCP.AX on Monday said it will sell its stake in Sky Latin  America to its DirecTV Group DTV.N for $579 million, creating  satellite broadcast monopolies in a region where profits have  been elusive.