Business/Financial
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Business/FinancialGeneral Dynamics Delivers First ASW USV For LCS To Navy
General Dynamics [GD] Robotic Systems earlier this month delivered the first 11-meter "Fleet" class Anti-Submarine Warfare Unmanned Surface Vehicle (ASW USV) to the Navy as part of the Littoral Combat […]
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Business/FinancialMarine Corps Will Buy More Humvees Until JLTV Arrives
By Geoff Fein To continue to provide tactical mobility, the Marine Corps will have to continue buying Humvees until the Joint Light Tactical Vehicle (JLTV) makes its debut, a Marine […]
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Business/Financial‘Pressure Hull Complete’ For USS New Mexico
Northrop Grumman [NOC] this past weekend completed the final hull welds of the Virginia-class submarine USS New Mexico (SSN-779), the last major milestone before the ship’s christening later this year, […]
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Business/FinancialHouse Panel Backs $1 Billion Extra Authorization To Accelerate Orion-Ares Spaceship Development Program
Measure Would Reauthorize Space Agency In Next Fiscal Year At $19.21 Billion Bill Orders NASA To Add A Space Shuttle Mission To Carry Costly Experiment Aloft NASA would receive $1 […]
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Business/FinancialDeputy Secretary Of Defense Urges Easing U.S. Export Controls; Curbs On Military Hardware Exports Might Carry Expiration Date
Gordon England Says Deals With Australia, U.K., May Be Model For Agreements With Other Nations; Existing Arms Export Law Ill Serves United States Export Rules Still Should Encourage Foreign Investments […]
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Business/FinancialOverseas Firm Buying U.S. Defense Company, But Canada Nixes U.S. Contractor Buying Part Of A Canadian Defense-Related Outfit
An overseas defense contractor announced it will buy outright a U.S. defense-related company, even as a friendly nation vetoed a plan for just a portion of one of its defense- […]
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Business/FinancialHamas Missile Attack Hits Israel During Bush Visit; Meanwhile, House Panel Cuts U.S. Missile Defense
Franks Sees Chance To Reverse House Funding Cuts In Missile Defense Programs, Including One That Could Protect Israel From Iranian Missile Attack Congressman Notes Israel Predicts Iran May Have Nuclear […]
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Business/FinancialBudget Woes Could Affect Constellation Program: Half-Year Freeze At Old Funding Levels Manageable, But Full-Year Continuing Resolution Would Be Tough
The Constellation Program now developing the next-generation Orion space capsule and Ares rocket has enough financial cushioning that it probably could finesse a congressional decision to freeze program funding at […]
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Business/FinancialContracts
Lockheed Martin Wins $1.463 Billion Air Force GPS III Contract The Air Force as expected gave Lockheed Martin Corp. [LMT] the coveted GPS III next-generation military-civilian navigation-satellites contract, the Department […]
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Business/FinancialEven As U.S. Economy Slows, Weakens, Aerospace Industry Employment Rises By 0.9 Percent From Yearend 2007
But Huge Number Of Aging Workers Poised For Retirement; Engineers, Scientists, Mathematicians Needed Even as the U.S. economy slows, with some economists saying it is in a recession, employment in […]