1
 
                                                                    EXHIBIT 23.1
 
                        CONSENT OF DELOITTE & TOUCHE LLP
 
   
     We consent to the incorporation by reference in this Amendment No. 1 to
Registration Statement No. 333-51133 of Loral Space & Communications Ltd. (a
Bermuda company) of our reports with respect to the consolidated financial
statements of Loral Space & Communications Ltd., Space Systems/Loral, Inc. and
Globalstar L.P. and the financial statement schedule of Loral Space &
Communications Ltd. appearing in or incorporated by reference in the Annual
Report on Form 10-K of Loral Space & Communications Ltd. for the year ended
December 31, 1997 and to the reference to us under the heading "Experts" in the
Prospectus, which is part of this Registration Statement.
    
 
DELOITTE & TOUCHE LLP
New York, New York
   
June 5, 1998