Business/Financial

Goodrich Corp. [GR] last week said it has acquired Cloud Cap Technology, Inc. (CCT), a provider of avionics systems for small unmanned aerial vehicles (UAVs) and sensors for manned aircraft. […]

By Geoff Fein The Navy is beginning to examine how to lower the overall lifecycle cost of the Virginia-class submarine program, similar to the effort the service pursued to drop […]

An Arrow II missile defense interceptor shot down a target ballistic missile in a test of the Israeli national missile defense system, making Israeli officials hopeful the successful hit will […]

GHL Acquisition Corp. will pay 15 percent less than earlier agreed to buy Iridium Holdings LLC, a major satellite operator, the firms agreed. The price drop reflected changes in stock […]

By Geoff Fein The Navy is looking to open up competition on its long running Acoustic Rapid Commercial-off-the-shelf Insertion (ARCI) program and intends to release a request for proposal (RFP) […]

The Zefiro 9A third stage rocket motor fired successfully, providing a new small launch vehicle for Europe. That final qualification test firing of the third stage took place at the […]

Lockheed Martin [LMT] said last Thursday that its United Kingdom subsidiary has acquired a small business that supports that country’s Trident ballistic missile submarine program. Imes Strategic Support Limited (ISSL), […]

European Rocket To Rise From Spaceport In South America An Ariane 5 heavy lifter rocket will dispense two satellites, Planck and Herschel, into orbit in a liftoff set for May […]

By Calvin Biesecker Raytheon [RTN] on Friday said it has acquired the rights to the technology and name of the KillerBee unmanned aircraft system from Northrop Grumman [NOC], allowing it […]

International Launch Services (ILS) will launch a satellite payload IndoStar II/ProtoStar II on May 14 from Baikonur Cosmodrome in Kazakhstan, ILS reported. The launch at 6:58 a.m. Baikonur time translates […]