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TELECOMMUNICATIONS 2025: FRENCH, CHRISTOPHER E.
In April 2024, Shentel completed its acquisition of Horizon Telcom, a commercial fiber provider, for $385 million. The combined company has approximately 15,400 fiber route miles across seven states. Shentel rebranded the Horizon commercial and residential fiber businesses to Glo Fiber. Shentel’s 2024 revenue increased 21.9%, to $328.1 million, mostly due to $47.7 million of […]
TELECOMMUNICATIONS 2025: MORCHE, ED
Morche, a telecommunications industry veteran with more than 30 years of experience, joined GTT in 2023 after serving as president of Lumen Technologies’ North American Enterprise and Public Sector business. He worked at CenturyLink, which rebranded as Lumen in 2020, and Level 3 Communications, leading the consolidation of multiple commercial and technical organizations following Level [&hel[...]
Musk’s SpaceX pans Virginia broadband plan as ‘massive waste’
Elon Musk's SpaceX wrote a letter this week slamming Virginia's federal broadband grant proposal.
SES Space & Defense announces new CEO
Reston-based satellite company SES Space & Defense announced Tuesday that it has appointed David Broadbent as president and CEO.
SES completes $3.1B Intelsat purchase
SES announced Thursday that it has completed its $3.1 billion acquisition of McLean-based satellite services provider Intelsat.
Iridium to invest $13M to relocate Tysons HQ, add 117 jobs
Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.
Herndon contractor to acquire NG division for $327M
Herndon tech and management contractor Serco Inc. has agreed to acquire Northrop Grumman’s mission training and satellite ground network communications software business (MT&S) for approximately $327 million. Serco Inc., a wholly owned subsidiary of United Kingdom-based Serco Group, announced the deal Wednesday, which is expected to close in mid-2025. MT&S provides the U.S. military [...]
OpTech expanding Loudoun satellite plant
Optimum Technologies, a Sterling space flight hardware designer and manufacturer, plans to expand its Loudoun County satellite manufacturing plant, a project expected to create 40 jobs, Gov. Glenn Youngkin announced Monday. Known as OpTech, the company will invest $999,000 in the expansion, according to the governor’s office. OpTech was founded in Virginia in 2015 and […]
Herndon’s Akima wins $480M Space Force contract
The U.S. Department of Defense has awarded Five Rivers Analytics, a subsidiary of Herndon-based government contractor Akima, an indefinite-delivery, indefinite-quantity contract worth up to $480 million over 10 years, Akima announced last week. Based in Colorado, Five Rivers Analytics provides classified IT and mission support services and bills itself as “a small business backed by […]
Intelsat to be acquired by SES for $3.1B
McLean-based satellite services provider Intelsat announced Tuesday that it has made a deal to be acquired by SES, a Luxembourg-based competitor, for $3.1 billion in cash. The deal is expected to close during the second half of 2025, depending on regulatory clearances and other factors, according to a news release. Intelsat CEO David Wajsgras will […]
McLean’s Iridium closes on Satelles deal
McLean-based Iridium Communications, a global satellite communications company, has completed its previously announced acquisition of Satelles, a Reston-based provider of satellite-based time and location services that assist GPS and global navigation satellite systems (GNSS), the company announced Tuesday. Iridium first announced the acquisition in March. The positioning, navigation and timing se[...]
Intelsat strikes $250M deal with Eutelsat Group
McLean-based satellite services provider Intelsat has committed to secure low-Earth orbit service for six years for $250 million from Paris-based Eutelsat Group’s OneWeb low-Earth orbit (LEO) constellation service, with an option for another $250 million, Intelsat announced Tuesday. “We’ve been partnering with Eutelsat for quite some time now, leveraging its OneWeb LEO constellation [...]
