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Hughes Electronics Corporation was formed in 1985 when Hughes Aircraft was sold by the Howard Hughes Medical Institute to General Motors for $5.2 billion. Surviving parts of Hughes Electronics are today known as DirecTV Group, while the automotive divisions became Aptiv.
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Hughes Electronics Corporation is one of the world's leading satellite and wireless communications companies. It operates four main areas of business. Its Hughes Space & Communications division manufactures satellites and spacecraft.
After Hughes' 1976 death, Hughes Aircraft was acquired by General Motors from HHMI in 1985 and was put under the umbrella of Hughes Electronics which became DirecTV, until GM sold its assets to Raytheon in 1997.
31 mai 2024 · Until the sale of its Hughes Space and Communications Company and associated businesses to Boeing, Hughes Electronics built commercial communications satellites, weather satellites, and specialized spacecraft and instruments for civilian and military programs of the U.S. government.
9 oct. 2000 · Boeing concluded the formal acquisition of Hughes Space and Communications on Friday, creating the world's largest space company. Boeing now has subsidiaries in both the launching and satellite...
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