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The Defense Department Office of Inspector General found that the Defense Logistics Agency has been paying Textron’s [TXT] Bell Helicopter millions of dollars more than it ought to in a […]

A top Defense Department official on July 16 warned a joint Senate panel against rushing to fund a next-generation rocket engine when parameters and goals for such a project have […]

AgustaWestland’s U.K. unit will integrate, test and install highly advanced anti-ship missiles for Royal Navy Wildcat helicopters under an approximately $90 million contract, in the first new collaborative equipment project […]

Billionaire entrepreneur Jeff Bezos has invested about $500 million and possibly more into secretive Blue Origin, the space company he founded to pursue cost-effective human access to space.  Blue Origin Director […]

The Government Accountability Office (GAO) examined a Defense Department report to congressional defense committees on homeland missile defense and flight tests, but finds it provides limited help for Congress to […]

Orbital Sciences’ [ORB] Cygnus spacecraft successfully completed its rendezvous and approach maneuvers with the International Space Station (ISS) July 16, according to a company statement. After Cygnus was launched July […]

The Air Force July 15 issued a request for proposal (RFP) for an Evolved Expendable Launch Vehicle (EELV) mission, its first competitive procurement of a space launch mission in 10 […]

Orbital Sciences [ORB] on July 17 posted a slight rise in net income in the second quarter despite a modest decline in sales as an insurance recovery related to a an […]

The U.S. Secretary of Defense and Qatar’s Minister of State for Defense Affairs signed letters of offer and acceptance for a potential $11 billion to buy U.S. Patriot, Javelin and […]

Secretary of State John Kerry this week appointed former Coast Guard Commandant Bob Papp to the country’s Special Representative for the Arctic, installing an official with experience in Arctic operations. […]