Space & Missile Defense Report
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Business/FinancialBoeing Garners $250 Million Missile Defense Contract For Ground-based Midcourse System
The Missile Defense Agency gave The Boeing Co. [BA] a $250 million contract for continued work on the Ground-based Midcourse Defense (GMD) system, the company announced. That one-year pact covers […]
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Business/FinancialEditorials Lash North Korea, Iran, See Time Of Testing For Obama
Editorials in The Washington Post and The Wall Street Journal said Iran and North Korea are presenting a test of character and will for President Obama, giving him no time […]
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Business/FinancialLockheed Gains $31.3 Million Contract For M299 Launchers
The Army gave Lockheed Martin Corp. [LMT] a $31.3 million contract extension for more M299 launchers for the Hellfire missile. Lockheed will provide the launchers and related equipment to the […]
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Business/FinancialObama Should Use Stimulus Funds To Bolster Defense Procurement, Creating Jobs
Extending Raptor Production Would Save Existing Jobs, Swiftly Aid Ailing Economy CBO Report: Federal Spending Would Boost U.S. Economy More Than Reducing Taxes Yet another case has been made for […]
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SpaceRaytheon Submits Proposal For NOAA Ground Segment Of GOES-R Satellite
Raytheon Co. [RTN] submitted a final proposal for development of the ground segment for NOAA’s (National Oceanic and Atmospheric Administration) next- generation Geostationary Operational Environmental Satellite R series (GOES-R). When […]
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CongressChina Seen Continuing 12 To 18 Percent Annual Defense Spending Increases: Analyst
China likely will continue its explosive 12 to 18 percent increase in military spending, an analyst said. The Asian giant can well afford such outlays, with a national debt equivalent […]
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Business/FinancialNew JSOW Warhead Tested
A new shaped-charge warhead was tested for the Joint Standoff Weapon C-1 (JSOW C-1), Raytheon Co. [RTN] announced. The Navy tested the new warhead, which delivers the same effect as […]
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Business/FinancialGermany Seeks Secondary MEADS Missile, IRIS-T SL
The German government asked MEADS International (MI) to integrate a European air defense missile into the Medium Extended Air Defense System (MEADS). Scope of work provides for incorporation of IRIS-T […]
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SpaceCryocooler To Aid Data Collection On Space Missions
Cryocooler technology developed by Northrop Grumman Corp. [NOC] will improve data collection by the next generation of astrophysics missions, such as the International X-ray Observatory (IXO), the company announced. Cryocoolers […]
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Business/FinancialIndustry Group Proposes Defense Acquisition Reform
The Aerospace Industries Association (AIA) has proposed an outline of changes to the defense procurement system. That system has drawn criticism from lawmakers in Congress, who cite giant increases in […]