Intelsat Chief Executive Stephen Spengler. Credit: Intelsat

 

PARIS — Intelsat Chief Executive Stephen Spengler on May 17 said indications are that the U.S. government, primarily the Defense Department, is renewing its commercial satellite contracts at better-than-expected volumes and prices.

Spengler’s comments echoed those of Eutelsat Chief Executive Rodolphe Belmer, who on May 14 said the spring 2018 renewal season on U.S. military bandwidth-lease contracts had concluded at “comfortably above” 95% of the previous contract volume up for renegotiation.

Intelsat had said . . .

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