Business/Financial

An Orbital Sciences Corp. [ORB] Taurus XL rocket is poised for liftoff tomorrow, when it will launch the Orbiting Carbon Observatory (OCO), a NASA satellite to study just where increasing […]

The last new section of the Ares I-X test rocket arrived at Kennedy Space Center for assembly, prior to the next-generation U.S. spacecraft rocket soaring on its first flight sometime […]

A Standoff Land Attack Missile Expanded Response (SLAM ER) was launched to score a direct hit on a remote-controlled land-based moving target, The Boeing Co. [BA] announced. The test was […]

By Geoff Fein For the Navy to deploy both a MH-60 R and S squadron aboard the USS John Stennis (CVN-74), officials had to demonstrate the helos could interoperate with […]

United Kingdom-based BAE Systems yesterday posted higher sales and earnings for its 2008 fiscal year led by growth in its defense business in the United States. BAE’s U.S.-led defense work […]

By Geoff Fein The Navy’s decision to go with Rockwell Collins‘ [COL] Common Avionics Architecture System (CAAS) will not only make the service’s CH-53K common with Army helicopters, but it […]

The Defense Department has opened a new Web portal seeking solutions to "theme topics" from industry and research organizations as a means to quickly find and produce prototype solutions to […]

By Geoff Fein The Navy is getting closer to working out the kinks in the MH-60S’ Airborne Mine Countermeasures (AMCM) system and is preparing to take the system back into […]

By Ann Roosevelt The Government Accountability Office (GAO) yesterday denied protests by Northrop Grumman‘s [NOC] and Textron [TXT] of the Army awards of the Joint Light Tactical Vehicle (JLTV) program […]

By Geoff Fein As the Navy begins to introduce the MH-60 R and S helicopters into the fleet, the ability to achieve commonality as well as interoperability will be vital […]