Orbital ATK bearish on commercial satellites, bullish on military, waiting on NASA

by Peter B. de Selding

Orbital ATK Chief Executive David W. Thompson said the 14 geostationary-orbit commercial telecommunications satellites ordered worldwide in 2016 represent a likely floor for the industry but that 2017 is not likely to be much better. Credit: SSPI via Youtube

 

Key takeaways from Orbital’s March 8 conference call:

— Commercial satellite market slump in 2016 to continue in 2017.

— U.S. Air Force to decide by early 2018 on Orbital’s proposed heavy-lift rocket

— Satellite in-orbit servicing business seen as $100 million in annual revenue.

— NASA, U.S . . .

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