AEROSPACE
- Share via
Hughes to Sell Satellite to Malaysia: The Far East nation today is expected to buy its first telecommunications satellite from Hughes Aircraft Co. Terms were not disclosed, but the HS 376 satellite--to be built in El Segundo--typically costs between $50 million and $100 million. It will provide Malaysia with direct satellite-to-home television broadcast capabilities. Hughes in the past two years has sold 12 satellites that serve the Far East, which is Hughes’ fastest-growing market, said Steven D. Dorfman, president of the company’s telecommunications and space group.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.