Loral Space & Communications Inc. is a Delaware-domiciled satellite communications company headed by Michael B. Targoff. The company was formed in 1996 from the remnants of Loral Corporation when Loral divested its defense electronics and system integration businesses to Lockheed Martin for $9.1 billion. [3] .

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Loral Space & Communications offers satellite-based communications services to broadcast, telecom, corporate, and government customers worldwide. Loral Space & Communications …