Business/Financial

Sea Launch Co. LLC, until now providing launch services for non-governmental or dual-use customers, will seek contracts from NASA to provide cargo re-supply missions to the International Space Station, according […]

Budget Deficits Projected To Swing To Surpluses Vast Improvement In Federal Finances In Next Decade Could Be Enough To Permit Giant Funding Gains For NASA, Missile Defense, Other Federal Programs […]

The Latest Word On Trends And Developments In Aerospace And Defense Try, Try Again. Senate Majority Leader Harry Reid (D-Nev.) said last week that Republicans thwarted the Democrats’ efforts last […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday reported strong fourth quarter net income driven by some of its space, and information and services businesses despite no sales growth. Still, the […]

Britain’s BAE Systems said last recently it has agreed to acquire the defense businesses of Australia’s Tenix Group for up to $695.8 million in cash in a deal that would […]

By Geoff Fein The Navy last month awarded Raytheon [RTN] a contract worth nearly $55 million to retrofit 135 Boeing [BA] F/A-18 Super Hornets with APG-79 Active Electronically Scanned Array […]

By Jen DiMascio The nation’s two largest defense contractors–Boeing [BA] and Lockheed Martin [LMT]–are expected to announce today that they will join forces in an effort to make the Air […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday reported strong profit gains in each of its business sectors due to higher sales and improved performance although net income was flat due […]

The J-2X rocket engine for the next-generation U.S. spacecraft rocket aced tests, according to Pratt & Whitney Rocketdyne, a United Technologies [UTX] unit. That engine will power the Ares launch […]

By Calvin Biesecker United Technology Corp. [UTX] yesterday posted strong fourth quarter results driven by sales and profit gains at each of its operating segments and the diversified industrial company […]