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Branson Unveils SpaceShipTwo, Sees ‘Thousands’ Venturing Into Space

Billionaire space buff investor Richard Branson unveiled a new commercial spacecraft system, WhiteKnightTwo and SpaceShipTwo, predicting that "thousands" of people will be able to realize their dream of venturing into space. Branson spoke confidently of "the thousands who will travel with us" to the final frontier. He also predicted that the new spaceship family could raise the curtain on the next gold-rush boom industry, with space travel being a successor to the dot.com craze, the Internet, cell phones and more.…

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Congress Updates

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]


SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]


House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]


MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]