Main Engine Cut Off

“Our primary path remains to sell the business,” Lance said Oct. 31 during an earnings call. “We have multiple interested parties. We are in discussions and are still hopeful to have an answer that we can announce between now and the end of the year.”

Several satellites SSL has under construction will take weeks or months longer to complete thanks to defective components from a supplier Maxar declined to name. Lance said the component problem is driving up costs and exacerbating profit loss in space hardware.