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  <TITLE> Loral Space & Communications Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	June 29, 2006
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  	Loral Space & Communications Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	1-14180
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  	87-0748324
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	600 Third Avenue, New York, New York
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  	10016
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	(212) 697-1105
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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  Loral Space & Communications Inc. (the "Company") announced on June 29, 2006 that Mr. C. Patrick DeWitt, previously President of Space Systems/Loral, Inc. ("SS/L"), the Company&#x2019;s satellite manufacturing subsidiary, was elected to serve as SS/L&#x2019;s Chief Executive Officer, and Mr. John Celli, previously Senior Vice President of SS/L, was elected to serve as SS/L&#x2019;s President and Chief Operating Officer.  As CEO of SS/L, it is expected that Mr. DeWitt will devote his primary focus to strategic matters and significant customer relationships, while Mr. Celli will assume responsibility for oversight of day-to-day operations at SS/L.<br><br>Mr. DeWitt, 60, has held senior management positions with SS/L and its predecessor companies since 1973.  Further information regarding Mr. DeWitt, including his prior business experience and a description of his employment and indemnification agreements with SS/L, is described in, and incorporated by reference herein from, Part III, Item 10 (Directors and Executive Officers of the Registrant) and Item 11 (Executive Compensation) of the Company&#x2019;s Annual Report on Form 10-K for the fiscal year ended December 31, 2005.<br>
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  	Item 9.01 Financial Statements and Exhibits.
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  Exhibit 10.1  Employment Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan)(Incorporated by reference to Exhibit 10.14 of the Company&#x2019;s Annual Report on Form 10 K for the fiscal year ended December 31, 2005)<br><br>Exhibit 10.2  Officers' and Directors' Indemnification Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan) (Incorporated by reference to Exhibit 10.16 of the Company&#x2019;s Annual Report on Form 10-K for the fiscal year ended December 31, 2005)
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Loral Space & Communications Inc.
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  	&nbsp;&nbsp;
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  <I>
  	June 29, 2006
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  <I>
  	By:
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  <I>
  	Avi Katz
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  	&nbsp;
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  <I>
  	Name: Avi Katz
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  	Title: Vice President and General Counsel
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	10.1
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  	&nbsp;
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  <FONT SIZE="2">
  Exhibit 10.1  Employment Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan)(Incorporated by reference to Exhibit 10.14 of the Company's Annual Report on Form 10 K for the fiscal year ended December 31, 2005)
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  	10.2
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  	&nbsp;
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  Officers' and Directors' Indemnification Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan) (Incorporated by reference to Exhibit 10.16 of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2005)
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metadata_filer: {"company-data": {"conformed-name": "LORAL SPACE & COMMUNICATIONS INC.", "cik": "0001006269", "assigned-sic": "3663", "irs-number": "870748324", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14180", "film-number": "06932201"}, "business-address": {"street1": "600 THIRD AVE", "city": "NEW YORK", "state": "NY", "zip": "10016", "phone": "2126971105"}, "mail-address": {"street1": "600 THIRD AVE", "city": "NEW YORK", "state": "NY", "zip": "10016"}, "former-company": {"former-conformed-name": "LORAL SPACE & COMMUNICATIONS LTD", "date-changed": "19960124"}}
text: Loral Space & Communications Inc. (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  June 29, 2006
  Loral Space & Communications Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  1-14180
  87-0748324
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  600 Third Avenue, New York, New York
  10016
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  (212) 697-1105
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
  Loral Space & Communications Inc. (the "Company") announced on June 29, 2006 that Mr. C. Patrick DeWitt, previously President of Space Systems/Loral, Inc. ("SS/L"), the Company's satellite manufacturing subsidiary, was elected to serve as SS/L's Chief Executive Officer, and Mr. John Celli, previously Senior Vice President of SS/L, was elected to serve as SS/L's President and Chief Operating Officer.  As CEO of SS/L, it is expected that Mr. DeWitt will devote his primary focus to strategic matters and significant customer relationships, while Mr. Celli will assume responsibility for oversight of day-to-day operations at SS/L.
  Mr. DeWitt, 60, has held senior management positions with SS/L and its predecessor companies since 1973.  Further information regarding Mr. DeWitt, including his prior business experience and a description of his employment and indemnification agreements with SS/L, is described in, and incorporated by reference herein from, Part III, Item 10 (Directors and Executive Officers of the Registrant) and Item 11 (Executive Compensation) of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2005.
  Item 9.01 Financial Statements and Exhibits.
  Exhibit 10.1  Employment Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan)(Incorporated by reference to Exhibit 10.14 of the Company's Annual Report on Form 10 K for the fiscal year ended December 31, 2005)
  Exhibit 10.2  Officers' and Directors' Indemnification Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan) (Incorporated by reference to Exhibit 10.16 of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2005)
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Loral Space & Communications Inc.
  June 29, 2006
  By:
  Avi Katz
  Name: Avi Katz
  Title: Vice President and General Counsel
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Exhibit 10.1  Employment Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan)(Incorporated by reference to Exhibit 10.14 of the Company's Annual Report on Form 10 K for the fiscal year ended December 31, 2005)
  10.2
  Officers' and Directors' Indemnification Agreement between Space Systems/Loral, Inc. and C. Patrick DeWitt dated November 21, 2005 (Management Compensation Plan) (Incorporated by reference to Exhibit 10.16 of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2005)