BNET Industries
Market Cap:$163.0M
Last Fiscal Year Sales:$196.5M
- Public
- US
Dow Jones Description
Globecomm integrates satellite into your network applications in order to provide high-quality connection to the edge of the network, broadcast one-to-many, and support bandwidth-hungry applications. We do it by developing systems, offering lifecycle support for them, and by providing managed network communication services. Our core offerings are enhanced by the subsidiaries of the Globecomm Group of companies Cachendo, Mach6 and Telaurus which offer specialized services and extend our global network coverage and worldwide life cycle support. We specialize in providing total solutions that free you to focus on your core mission. whether it is telecommunications, broadcasting, retailing, serving constituents, maintaining security or projecting force. We deliver systems and services anywhere in the world, under any conditions. Whether it's a secure military application in a war zone or a highly-distributed retail data network under tight cost and schedule constraints, our worldwide team gets it done. Our company is built on a few core beliefs. We believe that satellite communications, properly integrated into today's complex applications and multimedia networks, can provide enormous value by extending your reach and allowing you to do more at a lower cost.
Globecomm CEO
David E. HershbergNumber of Employees 316
Peer Companies
NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220
Recent Events
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Globecomm Systems Reports Fiscal 2010 First Quarter Financial Results
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Globecomm to Introduce the TomCatTM X-Band Satellite Terminal for Tactical and Rapid-Response...
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Globecomm Systems Exercises $2.3 Million Contract Option by U.S. Army for Continued Production of Joint...
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Market Report -- In Play GCOM
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Globecomm Systems, Inc. F4Q09 (Qtr End 06/30/09) Earnings Call Transcript
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Globecomm Systems Names Keith Hall President and Chief Operating Officer
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Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization
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Globecomm Systems Awarded a $5.7 Million Infrastructure Contract from a Major Media & Entertainment Company...
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Globecomm Systems Awarded a $3.6 Million Contract from a Global Organization for Multi-Media...
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Globecomm Systems names new president, COO
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Globecomm Systems Acquires Telaurus Communications
News & Analysis
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globecomm systems - All News and Analysis
Globecomm Systems Inc. F1Q10 (Qtr End 30/09/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Steve Ferranti - Stephens Inc. Steve Ferranti - Stephens Inc. David, it sounds like you have a little bit of higher level of optimism on the pre-engineered side of the business. Can you give us a sense, in your discussions...
Globecomm Systems, Inc. F4Q09 (Qtr End 06/30/09) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions The first question comes from the line of Jim McIlree – Collins Stewart. Jim McIlree – Collins Stewart The services guidance for fiscal 2010 is $31.25 million per quarter which is a big step up from what you did in the...
Globecomm Systems, Inc. F3Q09 (Qtr End 03/31/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And we’ll take our first question from Steve Ferranti with Stephens Inc. Please go ahead. Steve Ferranti – Stephens Inc. Hey, thank you and good morning. Dave, just touching on the system business revenues, you are down at a run rate of about little over...
Globecomm Systems Inc. F2Q09 (Qtr End 12/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question will come from Mark Jordan - Noble Financial. Mark Jordan – Noble Financial Could we talk a little bit about the infrastructure solution? In the second quarter your gross margin jumped up about 650 basis points from the first...
Globecomm Systems Inc. F1Q09 (Qtr End 09/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions We’ll take our first question from Irit Jakoby from Susquehanna. Irit Jakoby - Susquehanna Hi. Thank you and good morning. So with respect to infrastructure revenues which were down over 10% year-over-year, and that was in the first quarter where it seemed like...
Globecomm Systems Inc. F4Q08 (Qtr End 06/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from [Unidentified Analyst] - Stephens Inc. Unidentified Analyst - Stephens Inc. Could you guys talk a little bit about the timing and size of some of these incremental investments you're planning on making? I mean, how should we...
Globecomm Systems $9.0 Million Infrastructure Contract from GCI
HAUPPAUGE, N.Y. -- Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, announced today that the Company has been awarded an infrastructure contract from General Communication Inc. (NASDAQ: GNCMA), an Alaska-based company providing voice, video and data communication services to...
Globecomm Systems Inc. F2Q08 (Qtr End 12/31/07) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Rich Valera from Needham & Company. Rich Valera - Needham & Company It sounds like you got some good renewals with you Maryland divisions. I know you had several of them up for renewal, did you get basically all...
Globecomm Systems awarded multiple contracts from various US government agencies valued at $5.8 million.(CONTRACTS)
Globecomm Systems Inc., a provider of satellite-based communications infrastructure solutions and services on a global basis, announced that the company has received multiple contract awards from various US government agencies valued at $5.8 million. These contracts were awarded under the company's existing Basic...
Globecomm Systems receives award under an IDIQ contract from a US government customer valued at $12.8 million.(CONTRACTS)
Globecomm Systems Inc., a global provider of end-to-end value-added satellite-based communications solutions, announced that the company has received an award under an Indefinite Delivery/Indefinite Quantity IDIQ contract from a US government customer valued at $12.8 million to supply transportable flyaway satellite systems. The...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| David E. Hershberg | Globecomm CEO |
| Jack Shaw | President and Chief Executive Officer |
| Andrew C. Melfi | Senior Vice President, CFO and Treasurer |
| Stephen Yablonski | Chief Technology Officer |
| Bill Raney | Senior Vice President |
| Paul Johnson | Senior Vice President Contracts and Secretary |
| Thomas C Coyle | Senior Vice President |
| Donald G. Woodring | Vice President, Network & Sys Analysis |
| Dov Cydulkin | Vice President of Globecomm's Asia Pacific Team |
| Matthew Byron | Vice President, Corporate Office |
| Mike Plourde | Vice President Government Programs |
| Paul Eterno | Vice President Human Resources |
| Paul Knudsen | Vice President of Globecomm's Eastern Atlantic Team |
| Stephen Wilson | Vice President, Sales, America |
| Tom Parish | Vice President, Broadcast Technology |
| Walter Scharpf | Vice President, Intl Marketing |
| Kevin French | Interview by Talksatellite Publisher |
| Fred DuGourd | Manager, Marketing |
| Herman Fialkov | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Harry L. Hutcherson | Chairperson |
| A. Robert Towbin | Board of Directors |
| Brian T. Maloney | Board of Directors |
| C. J. Waylan | Board of Directors |
| C.J. Waylan | Board of Directors |
| Richard E. Caruso | Board of Directors |
David E. Hershberg founded the Company in 1994 and has been its Chief Executive Officer and Chairman of the Board of Directors since its inception. In addition, Mr. Hershberg is President of the Company effective September 2008. From 1976 to 1994, Mr. Hershberg was the President of Satellite Transmission Systems, Inc. (“STS”), a provider of satellite ground segment systems and networks, which he founded and which became a subsidiary of California Microwave, Inc. (“CMI”), and is currently part of Narda Satellite Networks, a subsidiary of L3 Communications Corporation. From 1990 to 1994, Mr. Hershberg also served as Group President of the Satellite Communications Group of CMI, where he also had responsibility for EFData, Inc., a manufacturer of satellite communications modems, and for Viasat Technology Corp., a manufacturer of communications systems that specialized in portable and mobile satellite communications equipment. Mr. Hershberg is a director of Primus Telecommunications Group, Inc., a telecommunications company providing long distance services. Mr. Hershberg holds a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute, an M.S. in Electrical Engineering from Columbia University and an M.S. in Management Science from Stevens Institute of Technology.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Globecomm CEO | Current |
| Globecomm Systems Inc. | President | Current |
| Primus Telecommunications Group, Inc. | Director | Current |
| Globecomm Systems Inc. | Founder | Former |
| Columbia University | M.S. In Electrical Engineering | Former |
| Rensselaer Polytechnic Institute | B.S. In Electrical Engineering | Former |
| Columbia University | B.S. In Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | President and Chief Executive Officer | Current |
| Globecomm Systems Inc. | Board of Directors | Current |
| SIRIUS XM Radio Inc. | Board of Directors | Current |
| Hughes Network Systems, LLC | Chief Executive Officer | Former |
| Institute of Electrical and Electronics Engineers, Inc. | senior member | Former |
| Hughes Network Systems, LLC | Chairman | Former |
| XM Satellite Radio Holdings, Inc. | Board of Directors | Former |
| Guidant Corporation | Board of Directors | Former |
| Purdue University | B.S. In Electrical Engineering | Former |
Andrew C. Melfi, 55, has served as Vice President and Treasurer since September 1997 and as Chief Financial Officer since joining the Company in January 1996. From 1982 to 1995, he was the Controller of STS. Mr. Melfi holds an M.B.A. and a B.B.A. in Accounting from Dowling College.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Senior Vice President, CFO and Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Chief Technology Officer | Current |
| Globecomm Systems Inc. | Senior Vice President Sales and Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Senior Vice President | Current |
Paul J. Johnson, 53, has served as Senior Vice President, Customer Relations and Contracts since November 2004. Prior to that time, he served as Vice President of Contracts since joining the Company in October 1996. He has served as Corporate Secretary since 1998. From 1991 to 1996, he was Director of Contracts for STS. Mr. Johnson holds a B.B.A. from St. Bonaventure University.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Senior Vice President Contracts and Secretary | Current |
| Globecomm Systems Inc. | Board of Directors | Current |
Thomas C. Coyle, 59, has served as Senior Vice President and General Manager of Globecomm Systems since June 2008 and, prior to that time, he served as Vice President and General Manager from 2003 to 2008. From 2001 to 2003 he served as Vice President of Managed Networks of Globecomm Systems and from 1999 to 2001 as Senior Director of Engineering of Globecomm Systems. From 1994 to 1998 he was Director of Systems Programs for STS. Prior to joining STS he was employed by Norden Systems, a division of United Technologies Corp. from 1972 to 1993 where he held positions as a Radar Systems Design Engineer, Engineering Manager and Program Manager. Mr. Coyle holds a B.S.E.E. from Hofstra University.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Senior Vice President | Current |
Donald G. Woodring, 60, has served as Vice President of Network and Systems Analysis since joining the Company as a founder in October 1994. Up until 2002 he also served as a Director of the Company. From 1982 to 1994, he was Vice President for System Analysis at SatelliteTransmission Systems (STS). From 1980 to 1982, he worked on military satellite communications systems for NATO at the SHAPE Technical Center in The Netherlands. Prior to that, from 1972 he worked on MILSATCOM research and development at the U.S. Naval Research Laboratory in Washington DC.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President, Network & Sys Analysis | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President of Globecomm's Asia Pacific Team | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President, Corporate Office | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President Government Programs | Current |
Paul Eterno, 53, has served as Vice President of Human Resources of the Company since November 1999, and he served as Senior Director of Human Resources from 1998 to 1999. From 1997 to 1998, Mr. Eterno served as a consultant to the Company. From 1995 to 1997, he served as Senior Vice President of Human Resources for US Computer Group, a turnkey provider of computer service maintenance and products. Prior to that, he served most recently as Senior Director of Human Resources at STS, where he was employed from 1983 to 1995. Mr. Eterno holds a B.S. in Management from the New York Institute of Technology and an M.B.A. in Executive Management from St. John’s University.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President of Globecomm's Eastern Atlantic Team | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President, Sales, America | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President, Broadcast Technology | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Vice President, Intl Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Interview by Talksatellite Publisher | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Manager, Marketing | Current |
Harry L. Hutcherson, Jr. has been affiliated with Navigant Consulting, Inc. (formerly, Peterson Consulting) as an independent contract consultant providing financial analytical and business consulting on various large projects since 1992. From 1977 through 1992, Mr. Hutcherson was an audit partner of Arthur Andersen LLP. Mr. Hutcherson is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants, the Greater Washington Society of Certified Public Accountants and the Virginia State Society of Certified Public Accountants. Mr. Hutcherson holds a B.S. in Accounting from the University of Richmond.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Chairperson | Current |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| University of Richmond | B.S. In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| North Fork Bancorporation, Inc. | Member, Board of Directors | Current |
| Globecomm Systems Inc. | Board of Directors | Current |
| C.E. Unterberg, Towbin | Co-Chairman | Former |
| C.E. Unterberg, Towbin | Board of Directors | Former |
| Gerber Scientific, Inc. | Board of Directors | Former |
| Dartmouth College | B.A. | Former |
Brian T. Maloney has been Chief Executive Officer of Ygomi LLC, a private equity firm, beginning in October 2008. From May 2006 to January 2008, Mr. Maloney was President of Global Industries at Unisys Corporation, a worldwide information technology consulting services and solutions company. Prior to joining Unisys Corporation, Mr. Maloney was an independent consultant in the telecommunications industry from January 2005 to April 2006. From 2002 to September 2004, Mr. Maloney served as Chief Operating Officer for Perot Systems Corporation. From 1978 to 2002, Mr. Maloney held various positions with AT&T, most recently as Senior Vice President of AT&T, and as President and Chief Executive Officer of AT&T Solutions. Mr. Maloney received a B.S. in English from Hunter College and an M.A. in English from Columbia University.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Board of Directors | Current |
| Perot Systems Corporation | Chief Operating Officer | Former |
| Columbia University | M.A. In English | Former |
| Hunter College of the City University of New York | B.S. In English | Former |
C. J. Waylan acts as an advisor to telecommunication and satellite companies. Dr. Waylan served as Executive Vice President for GTE Mobilnet and President of GTE Spacenet Corporation until his retirement in 1996. From 1996 to 1997, he was Executive Vice President of NextWave Telecom, Inc., a start-up provider of wireless communications and from 1997 to 2006, he was President and Chief Executive Officer of CCI International, NV, a mobile satellite communications company. He holds a B.S. from the University of Kansas as well as an M.S. in Electrical Engineering and a Ph.D. from the Naval Postgraduate School.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Board of Directors | Current |
Herman Fialkov, a member of the Management Committee, has been an advisor to IET since 1996. He was founder and President of General Transistor Corporation, which he merged with General Instrument Corporation in 1960. There he established the pioneering large-scale integrated circuit division, later spun off as the present Microchip Technology, Inc. Later, as Senior Vice President for Corporate Development, he was instrumental in the acquisition of Jerrold Electronics, placing General Instrument in a leadership position in the emerging cable television market. He is a General Partner of PolyVentures, a Long Island, NY venture firm, that invests in startup and early stage technology ventures. From the 1960s to the present, as a General Partner of Geiger & Fialkov LP, PolyVentures, and as President of Aleph Null Corporation, Mr. Fialkov financed and helped develop many successful companies. He was among the founding investors in Intel and Teledyne. Other successful investments include Xynetics, Inc., which was sold to General Signal, which later spun out its components as Ultratech Stepper, and Electroglas, Inc. He was a founding or early stage investor in Standard Microsystems, Microsemi Corp., EIS International, DSP Group, DSP Communications, and OPAL. He was President and later Chairman of Standard Microsystems during its early growth period. Mr. Fialkov is an engineering graduate of New York University and is a trustee of Polytechnic University. He is a director of several corporations including Globecomm Systems Inc., and Primus Telecommunications Group, Inc.
| Organization | Position | Status |
|---|---|---|
| The Island | Partner | Current |
| Integrated Environmental Technologies, LLC | Advisor | Current |
| Polytechnic University | Trustee | Current |
| Integrated Environmental Technologies, LLC | Board of Directors | Current |
| Globecomm Systems Inc. | Director | Current |
| Primus Telecommunications Group, Inc. | Director | Current |
| Integrated Environmental Technologies, LLC | Member of the Management Committee | Current |
| General Instrument Corporation | President | Former |
| General Instrument Corporation | Founder | Former |
| Microsemi Corporation | Former | |
| DSP Communications | Former | |
| Standard Microsystems Corporation | Chairman | Former |
| New York University | Former |
Richard E. Caruso has been Managing Director, Communications Industry of Tata Consulting Services, an information technology consulting and outsourcing company, since June 2008. From 2004 to 2008 Mr. Caurso was Managing Director, Technology, Communications & Media Industries of BearingPoint, Inc., a provider of business consulting, systems integration and managed services. From 2001 to 2003, Mr. Caruso was a Senior Partner at TechLeaders Consulting, LLC, an information technology staffing and consulting company. From 1999 to 2001, Mr. Caruso served as President of Hosting Solutions and Storage Networking at Nortel Networks Corporation, a global supplier of networking solutions and services that support the Internet. From 1994 to 1999, Mr. Caruso served as Vice President and General Manager of Solutions for IBM Global Telecom and Media Industries. From 1983 to 1994, Mr. Caruso held various positions with Bellcore, including Corporate Vice President of Industry Markets. Mr. Caruso holds a B.S. in Industrial Engineering from Rutgers University and an M.S. in Industrial Engineering from the New Jersey Institute of Technology.
| Organization | Position | Status |
|---|---|---|
| Globecomm Systems Inc. | Board of Directors | Current |
| Techleaders Consulting | Senior Partner | Former |
| Bellcore | Former | |
| New Jersey & Company | M.S. In Industrial Engineering | Former |
| New Jersey Institute of Technology | M.S. In Industrial Engineering | Former |
| Rutgers University | B.S. In Industrial Engineering | Former |
Executive News
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Globecomm Systems Q4 Profit Plunges; Guides FY010 - Update
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Globecomm Systems Reports Fiscal 2009 Fourth Quarter and Fiscal Year 2009 Financial Results
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Globecomm Systems Names Keith Hall President and Chief Operating Officer
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Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global...
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Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization
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Globecomm Systems Awarded a $2.0 Million Government Infrastructure Contract from a Major Global Organization
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