Business/Financial
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Business/FinancialILS Launch To Orbit Satellite Payload On May 14 From Baikonur
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 […]
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Business/Financial
Navy Awards General Dynamics Contract For LCS-4
The Navy Friday awarded General Dynamics [GD]-Bath Iron Works a fixed price contract to construct one Flight 0+ Littoral Combat Ship (LCS)-named Coronado and designated LCS-4, according to the Navy. […]
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Business/Financial
Raytheon Gains $83.6 Million For Radars Going To U.S. Navy, Allied Overseas Militaries
The Navy gave Raytheon Co. [RTN] an $83.6 million firm fixed-price contract for radars needed by the Navy and by allied military forces on their F/A-18E/F Super Hornet strike fighter […]
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Business/Financial
Future Of Constellation Moon Missions Thrown Into Doubt By Cost Problems
The Constellation Program goal of returning Americans to a moon base has been thrown in doubt, a House hearing revealed. Rep. Alan B. Mollohan (D-W.Va.), chairman of the House Appropriations […]
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Business/Financial
China Mobile, China Telecom and Alcatel-Lucent Sign $1.7 Billion Pact
Alcatel-Lucent [ALU] signed two framework agreements worth $1.7 billion with China Mobile and China Telecom, Alcatel-Lucent announced. The deal will provide network upgrades, integration and maintenance services this year. As […]
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Business/Financial
Layoffs Begin On Space Shuttle Program; 160 Workers Leaving Posts Now; 900 To Lose Jobs By September: NASA Leaders
Contractor Employees At Risk; Some Will Shift To Other Jobs In Their Companies The beginning of the end has arrived for workers in the space shuttle program, with 160 workers […]
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Business/Financial
General Dynamics Gains $150 Million Army Deal For Hydra-70 Rockets, Gear
The Army gave General Dynamics Corp. [GD] a $150 million contract-change deal to produce Hydra-70 rockets, warheads and motors. Deliveries are expected to begin in September next year. This order […]
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Business/Financial
Obama Cuts Will Kill Chance For Fully Able Missile Defense Program, Rep. Franks Says
President Doesn’t Understand Missile Threat, But Lawmakers Increasingly Comprehend It President Obama’s expected cuts in ballistic missile defense (BMD) programs will stagger the effort to protect Americans from missile attacks, […]
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Business/Financial
NASA Gives Northrop CERES Instrument Contract Worth Up To $44.5 Million
NASA gave Northrop Grumman Corp. [NOC] a contract worth up to $44.5 million to provide an instrument that would fly on the long-delayed National Polar-orbiting Operational Environmental Satellite System, or […]
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Business/Financial
Obama ‘Confident’ Taliban, al Qaeda, Won’t Seize Pakistani Nuclear Missiles Arsenal; But Obama Also ‘Gravely Concerned’ By Situation
President Obama said he is confident that terrorist groups such as the Taliban and al Qaeda won’t be able to seize Pakistani nuclear-tipped ballistic missiles. However, Obama also said at […]