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Friday, December 18, 2009, 8:23PM ET - U.S. Markets Closed. Dow Up 0.20% Nasdaq Up 1.45%
Loral Space & Communications, Inc. (LORL)At 4:00PM ET: 34.23  Up 1.15 (3.48%)  
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Loral Space & Communications, Inc.
600 Third Avenue
New York, NY 10016
United States - Map
Phone: 212-697-1105
Fax: 212-338-5662
Web Site: http://www.loral.com

DETAILS 
Index Membership:N/A
Sector:Technology
Industry:Communication Equipment
Full Time Employees:2,300

BUSINESS SUMMARY 
Loral Space & Communications Inc., together with its subsidiaries, operates as a satellite communications company. It operates in two segments, Satellite Manufacturing and Satellite Services. The Satellite Manufacturing segment designs and manufactures satellites, space systems, and space system components for commercial and government customers. These products are used in various applications, including fixed satellite services, direct-to-home broadcasting, mobile satellite services, broadband data distribution, wireless telephony, digital radio, digital mobile broadcasting, military communications, weather monitoring, and air traffic management. The Satellite Services segment involves in the broadcast, enterprise services, and consulting and other operations. This segmentÂ’s broadcast operations consist of direct-to-home, video distribution, and occasional use services, such as satellite transmission services for the timely broadcast of video news, sports and live event coverage on a short-term basis. Its enterprise services provide North America Data Networks, international enterprise networks, Ka-band Internet services, telecommunication carrier services, and government services. This segmentÂ’s consulting and other operations include satellite-related services. As of March 10, 2009, the company had a fleet of 12 satellites in-orbit. It has a joint venture with Hisdesat Servicios Estrategicos, S.A., which owns and operates an X-band satellite. Loral Space & Communications operates in Canada, the United States, Europe, the Middle East, Africa, Asia, Australia, Latin America, and the Caribbean. The company was founded in 1996 and is based in New York, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    Loral Space & Communications, Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 27.5% of Russell 3000 companies and 35.6% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Michael B. Targoff , 63
    Vice Chairman, Chief Exec. Officer, Pres, Chairman of Exec. Committee and Member of Compensation Committee
    $ 2.43M $ 0
    Mr. Harvey B. Rein , 55
    Chief Financial Officer and Sr. Vice president
    $ 719.00K $ 0
    Mr. C. Patrick DeWitt , 62
    Sr. VP and Chief Exec. Officer of Space Systems - Loral Inc
    $ 812.00K $ 0
    Mr. Avi Katz Esq, 50
    Sr. VP, Sec. and Gen. Counsel
    $ 716.00K $ 0
    Mr. Richard P. Mastoloni , 44
    Sr. VP of Fin. and Treasurer
    $ 745.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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