Business/Financial

Sea Launch will launch the Intelsat 17 communications satellite late next year, according to Sea Launch. This will be the first of five missions on the Sea Launch system in […]

The Missile Defense Agency (MDA) successfully conducted a static fire test of the propulsion system for its new strategic target. That two-stage launch vehicle, or LV-2, is part of the […]

The super fast Starstreak High Velocity Missile (HVM) system used by the British Army and Royal Marines is to get a new lease on life for the next 13 years […]

Orbital Sciences Corp. [ORB] will build a satellite, New Dawn, for Intelsat Ltd. The deal was set last month, where Intelsat is forming a joint venture with Convergence Partners to […]

The Navy gave ATK a $55 million Low Rate Initial Production (LRIP) contract for the advanced anti-radiation guided missile (AARGM). ATK will provide missiles, containers, spares, support/special test equipment, and […]

Peter B. Teets, a former senior Air Force and Lockheed Martin Corp. [LMT] official, will receive a lifetime space achievement award April 1 at the National Space Symposium from the […]

New technology will provide far faster data transfer speeds in the Transformational Satellite Communications System (TSAT), a defense contractor stated. The advance was created by a Lockheed Martin Corp. [LMT]/Northrop […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday warned investors that it will take a non-cash, after-tax charge of between $3 billion and $3.4 billion in the recent fourth quarter for […]

By Calvin Biesecker Bolstered by its growing information technology and services business, Lockheed Martin [LMT] yesterday posted higher fourth quarter net income and sales although pension headwinds forced the company […]

By Geoff Fein With the defense industry facing uncertainties about the FY ’10 defense budget, one question making the rounds at last week’s Surface Navy Association (SNA) symposium was whether […]