Business/Financial

The first Space Tracking and Surveillance System (STSS) satellite arrived at Cape Canaveral Air Force Station, Fla., for launch preparation, Northrop Grumman Corp. [NOC] announced. "This delivery is a significant […]

Lockheed Martin [LMT], Northrop Grumman [NOC] and Raytheon [RTN] have each been awarded Navy contracts worth approximately $10 million for concept studies for the Air and Missile Defense Radar (AMDR) […]

Obama Must Complete All Shuttle Missions, Even If That Means Funding, Flights In Fiscal 2011; And Don’t Fund Shuttle Flights By Short-Changing Other Programs Senate Bill Lashes NASA For Procurement […]

Funding Restoration Amendments Are Rejected Even More Cuts May Gouge Missile Defense Programs In Future Years, Lawmaker Warns Both the entire House and a key Senate panel backed President Obama’s […]

But Defense Measure Also Encourages Talks With Russians Over Possible Joint Radar The pending Senate defense authorization bill leaves the European Missile Defense (EMD) program with just $51 million for […]

Obama Administration Isn’t Seizing Control Of NPOESS To Fix Problems, Lawmakers Say The Senate Appropriations Committee expressed exasperation with the long-troubled National Polar-orbiting Operational Environmental Satellite System, or NPOESS, but […]

By Geoff Fein While Lockheed Martin [LMT] and the U.S. Navy continue to modernize the Aegis combat systems on Arleigh Burke-class destroyers and the ballistic missile defense capability of other […]

By Calvin Biesecker Verified Identity Pass on Monday ceased operations of its Clear Registered Traveler (RT) program after failing to negotiate a new line of credit with its senior creditor […]

By Ann Roosevelt Pentagon acquisition chief Ashton Carter yesterday issued an acquisition decision memorandum (ADM) that brings to an end the Future Combat System (FCS) in its current form. "I […]

By Calvin Biesecker SAIC [SAI] yesterday confirmed that Walt Havenstein, the departing chief of BAE Systems‘ United States-based division, will become its new CEO in September, succeeding Ken Dahlberg who […]