There was also speculation that the remaining Hughes Electronics businesses might be sold or spun off.

That business was spun off in 1953 and eventually evolved into Hughes Electronics.

The last remaining large company on the block is the military arm of Hughes Electronics.

While there, he toured Hughes Electronics' main headquarters and manufacturing plant.

Hughes Electronics reported on Monday that it earned $281 million in the last quarter, which was down from $326 million a year earlier.

The parent gets a lot of cash and a higher price for its shares in Hughes Electronics.

Hughes Electronics and other satellite companies beg to differ.

It was the early 1990's, and Hughes Electronics had faded along with the cold war.

Hughes Electronics more than doubled in the last year.

And it is evaluating whether to spin off part of Hughes Electronics.