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Issue #48 - March 10, 2003

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Industry
Thuraya To Take Advantage of Lower Interest Rates While Pursuing Growth
Sale of Tracer Radar to South Korea Banned by US
Japan Looks Forward to Important Satellite Launches
Lockheed Martin and Others Win FAA's WAAS Contract
Gilat Makes Executive Changes After Restructuring
EMS Technologies Signs GMPCS as Master Distributor Of the Fleet 55 Maritime Satellite Terminal
EADS Plans to Cut 1,700 Jobs in France, UK and Germany by 2005
Hughes Ends Partnership With AOL
       
Finance
Sirius Completed Debt for Equity Exchange
Hughes and DirecTV Complete Refinancing
Globalstar Receives Final Approval of Debtor-in-Possession Financing
Event
Wireless Internet Data and Enterprise  Applications

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