Business/Financial

Lockheed Martin Corp. [LMT], the largest defense contractor receiving $34.2 billion in contracts in fiscal 2007, also led the pack in instances of misconduct, according to the Project on Government […]

Needed: a huge vacuum cleaner that can roam around in low Earth orbit. While the danger of catastrophic collisions in space is rising steadily, cost and feasibility issues mean development […]

Aerojet, a GenCorp [GY] company, successfully completed the first series of vibration and altitude hot fire tests on the next-generation U.S. spaceship rocket engine. In the test, Aerojet checked the […]

Some 300,000 Pieces Of Space Junk Imperil Billions Of Dollars Worth Of Spacecraft; Exponential Risk Rise Seen Spacecraft operators later this year may gain access to better warnings of space […]

Naval Surface Warfare Center (NSWC) Port Hueneme engineers successfully fired a test launch of the new production configuration of the Evolved Sea Sparrow Missile (ESSM) from the Navy Self Defense […]

For Fiscal 2008-2013, Cost Overruns Total Some $10.9 Billion For Satellites The Department of Defense (DOD) has a poor track record in its military satellites development efforts, the Government Accountability […]

The Tracking and Data Relay Satellite system (TDRS) K-L program completed its system-level preliminary design review, The Boeing Co. [BA] announced. Boeing is moving toward integrations of the TDRS K […]

United States Must Maintain Leadership In Space, Or Cede Primacy To Other Nations With Rival Ambitions, Report Says; Missile Defense Should Rise $2 Billion Yearly, To $12 Billion The concept […]

Missile Defense Agency (MDA) and contractor employees were given MDA awards for their performance in helping develop the Airborne Laser missile defense system. ABL is being created by The Boeing […]

NASA at 8 p.m. ET tonight will launch a small satellite about the size of a loaf of bread that could help scientists better understand how effectively drugs work in […]