| (Values in U.S. Thousands) | Dec, 2020 | Dec, 2019 | Dec, 2018 | Dec, 2017 | Dec, 2016 |
| Sales | 0 | 0 | 0 | 0 | 0 |
| Sales Growth | unch | unch | unch | unch | unch |
| Net Income | 93,090 | 89,760 | 9,610 | 134,460 | 47,200 |
| Net Income Growth | +3.71% | +834.03% | -92.85% | +184.87% | +167.16% |
Loral Space Comm (LORL)
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Loral Space & Communications Inc., together with its subsidiaries, is a satellite communications company engaged in satellite manufacturing with ownership interests in satellite-based communications services. Loral has two segments: Satellite Manufacturing and Satellite Services. The operations of the Satellite Manufacturing segment are managed by Loral's subsidiary Space Systems/Loral, Inc. Space Systems designs and manufactures satellites, space systems and space system components for commercial and government customers whose applications include 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. Loral participates in satellite services operations principally through its 64% economic interest in Telesat Holdings Inc., which owns Telesat Canada, a global FSS provider. Telesat owns and leases a satellite fleet that operates in geosynchronous earth orbit approximately 22,000 miles above the equator. In this orbit, satellites remain in a fixed position relative to points on the earth's surface and provide reliable, high-bandwidth services anywhere in their coverage areas, serving as the backbone for many forms of telecommunications. The Company also owns 56% of XTAR, LLC, a joint venture between Loral and Hisdesat Servicios Estrategicos, S.A. XTAR owns and operates an X-band satellite, XTAR-EUR located at 29o E.L., which entered service in March 2005. The satellite is designed to provide X-band communications services exclusively to United States, Spanish and allied government users throughout the satellite's coverage area, including Europe, the Middle East and Asia. Telesat is one of three global FSS operators. The Company competes with companies such as Lockheed Martin, Boeing and Orbital Sciences in the United States, Thales, Alenia Space and EADS Astrium in Europe and Mitsubishi Electric Corp. in Japan.