Business/Financial
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Business/FinancialIndustry Group Proposes Defense Acquisition Reform
The Aerospace Industries Association (AIA) has proposed an outline of changes to the defense procurement system. That system has drawn criticism from lawmakers in Congress, who cite giant increases in […]
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Business/Financial
GeoEye Begins Commercial Operations Of GeoEye-1 Satellite
GeoEye, Inc. [GEOY]is starting commercial operations for its new GeoEye-1 Earth-imaging satellite. The firm also is submitting imagery from the satellite to the National Geospatial-Intelligence Agency (NGA) for their certification […]
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Business/Financial
Radar Tracks A Satellite, Heads To Operational Status
The Raytheon Co. [RTN] Upgraded Early Warning Radar (UEWR) at Thule Air Base, Greenland, achieved a significant milestone on its path toward operational status by tracking its first satellite in […]
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Business/Financial
Hispasat Hires Arianespace To Launch Comms Satellite On Ariane 5 Late Next Year
Hispasat selected Arianespace to launch a new communications satellite, Hispasat 1E, Arianespace announced. It was the first contract of 2009 signed by Arianespace. Hispasat 1E will be launched by an […]
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Business/Financial
NOAA-N Satellite Launched After Postponement
A Delta II rocket launched the NOAA-N prime polar-orbiting weather satellite into orbit from Vandenberg Air Force Base, Calif., Friday, ending a two-day launch delay caused by a systems glitch. […]
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Business/Financial
Orbital Comms Satellite To Launch Thursday Atop Ariane 5 Lifter
An Orbital Sciences Corp. [ORB] satellite will launch Thursday on an Ariane 5 heavy lifter from Kourou, French Guiana, South America, Orbital announced. Arianespace provides the Ariane 5 heavy lifter […]
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Business/Financial
Boeing Garners $250 Million Missile Defense Contract For Ground-based Midcourse System
The Missile Defense Agency gave The Boeing Co. [BA] a $250 million contract for continued work on the Ground-based Midcourse Defense (GMD) system, the company announced. That one-year pact covers […]
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Business/Financial
Young: Navy Needs Analytical Balanced Discussion About DDG-1000
By Geoff Fein Pentagon acquisition chief John Young continued to make his case for the DDG-1000 Zumwalt-class combat ship, citing the need for further discussion on whether the Navy should […]
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Business/Financial
Northrop Grumman Reports Solid Operating Results Despite Hefty Charge
By Calvin Biesecker As expected, Northrop Grumman [NOC] yesterday posted steep losses for the fourth quarter and all of 2008 due to a previously announced goodwill impairment charge, although the […]
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Business/Financial
Lockheed Martin Gets $35.8 Million Navy Contract For Submarine Comms Capabilities
The Navy recently awarded Lockheed Martin [LMT] a $35.8 million contract to design and produce antenna buoy systems that will significantly expand the communications capabilities of submarines while they are […]