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SSL NAMES SEASONED PROFESSIONAL AS SENIOR VICE PRESIDENT OF U.S. GOVERNMENT BUSINESS

PALO ALTO, Calif. – October 27, 2016Space Systems Loral (SSL), a leading provider of innovative satellites and spacecraft systems, today announced that Richard White has assumed the role of Senior Vice President - Business Development, Government Systems at SSL.  Mr. White, has been working with the U.S. Government for over 30 years to provide advanced mission critical solutions.

“I am extremely pleased to have Mr. White join the management team that will lead our growth in U.S. Government business,” said Howard Lance, CEO of SSL MDA Holdings. “Mr. White is an experienced senior executive with deep knowledge and access across numerous agencies and departments of the U.S. Government including Defense, Intelligence, and Civilian. He has held leadership positions in general management, programs management, engineering, and business development across multiple mission areas. These include intelligence, surveillance and reconnaissance, satellite antennas and payloads, and cyber security.”

Mr. White was previously Chief Executive Officer at Capstone Corporation, a privately held services provider to the U.S. Government.  Before that he served in senior management roles at Harris Corporation from 1982 to 2013. 

Mr. White is a graduate of the University of Toledo with a bachelor’s degree in mechanical engineering. He earned a master’s degree in mechanical engineering from Purdue University and an MBA from the Florida Institute of Technology.  He resides in Reston, Virginia, and is based at the SSL Government Systems office in northern Virginia.



About SSL
Space Systems Loral (SSL) is a leading provider of commercial satellites with broad expertise to support satellite operators and innovative space related missions. The company designs and manufactures spacecraft for services such as direct-to-home television, video content distribution, broadband internet, mobile communications, and Earth observation.  As a Silicon Valley innovator for more than 50 years, SSL’s advanced product line also includes state-of-the-art small satellites, and sophisticated robotics and automation solutions for remote operations.  For more information, visit www.sslmda.com.

 

Forward-Looking Statements
This news release contains forward-looking statements and information, which reflect the current view of Space Systems Loral (SSL) with respect to future events and financial performance.  When used in this news release, the words “believes”, “expects”, “plans”, “may”, “will”, “would”, “could”, “should”, “anticipates”, “estimates”, “project”, “intend” or “outlook” or other variations of these words or other similar expressions are intended to identify forward-looking statements and information. Actual results may differ materially from the expectations expressed or implied in the forward-looking statements as a result of known and unknown risks and uncertainties. Known risks and uncertainties include but are not limited to: risks associated with operating satellites and providing satellite services, including satellite construction or launch delays, launch failures, in-orbit failures or impaired satellite performance; risks associated with satellite manufacturing, including competition, cyclicality of SSL’s end-user markets, contractual risks, creditworthiness of customers, performance of suppliers and management of SSL’s factory and personnel; risk associated with financial factors such as volatility in exchange rates, increases in interest rates, restrictions on access to capital, and swings in global financial markets; risks associated with domestic and foreign government regulation, including export controls and economic sanctions; and other risks, including litigation. The foregoing list of important factors is not exhaustive. The information contained in this news release reflects SSL’s beliefs, assumptions, intentions, plans and expectations as of the date of this news release. Except as required by law, SSL disclaims any obligation or undertaking to update or revise the information herein.

Media Contact:

SSL
Wendy Lewis
Director of Communications
Wendy.Lewis@sslmda.com
+1 (650) 852-5188