Business/Financial
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Business/FinancialNorthrop Official Sees Possible Cuts In Ballistic Missile Program Budgets
Airborne Laser Offers Unique Technologies; Kinetic Energy Interceptor Advances Ballistic missile defense programs may face funding reductions just when those programs are about to provide a payoff after years of […]
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Business/FinancialRaytheon Gains $106 Million Pact Providing JSOWs To Navy, Allies
The Navy gave Raytheon Co. [RTN] a $106 million contract to produce Joint Standoff Weapon C-1 missiles for the Navy and key allies. The new C-1 variant will be network-enabled, […]
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Business/FinancialAnother Missile Defense Success: THAAD Kills Target Missile
The Terminal High Altitude Area Defense, or THAAD, missile defense system scored another successful hit against a target missile, the Missile Defense Agency (MDA) announced. That successful hit was scored […]
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Business/FinancialRaytheon Receives $23 Million Maverick Missiles Contract
The Air Force gave Raytheon Co. [RTN] a $23 million undefinitized with firm fixed price contract for production of 70 Maverick Missiles and a guidance and control section. A unit […]
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Business/FinancialGovernment Gambles Johnson Space Center Won’t Be Hit By Big Storm — Hurricane Rita Repairs Funded, But Preventive Work Unfunded
Uncertainty Plagues Johnson Workforce As Key NASA Posts Go Unfilled For Months The federal government is betting that a huge storm won’t hit Johnson Space Center head-on, deciding to pay […]
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Business/FinancialLockheed Takes On Boeing In Fight Over Ground-Based Missile Defense System
GMD System Operations And Sustainment At Stake; Missile Defense Agency Contract Sought Lockheed Martin Corp. [LMT] will take on The Boeing Co. [BA] in a fight for an operations and […]
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Business/FinancialCartwright Says Missile Defense Systems Must Be Able To Perform Multiple Missions; Urges Common Use Of Sensors For Systems
General Says Missile Defense Programs Require Stable, Funding Over Years Missile defense programs must be able to handle multiple tasks in a cost-saving and efficient manner, because the military can […]
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Business/FinancialLaser Power Hits 105 Kilowatts, Northrop Announces
A military laser set a record by reaching 105 kilowatts, Northrop Grumman Corp. [NOC] announced. The company used a scalable building block strategy in the test, which was the final […]
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Business/FinancialRaytheon Sees Vast New Opportunity For Standard Missile-3 Marketing With Land-Based SM-3s In VLS Tubes
The United States could gain a premier land-based missile defense interceptor, quickly and at low cost, merely by making the currently sea-based Standard Missile-3 (SM-3) interceptors land-based assets as well, […]
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Business/FinancialBoeing Demonstrates High-Energy Laser
The Boeing Co. [BA] demonstrated its Re-Deployable High-Energy Laser System (RHELS) by quickly relocating the prototype weapon system from its Albuquerque development site to a test range, where it tracked […]