Business/Financial
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Business/FinancialCoast Guard One Step Closer To Accepting CGC
The U.S. Navy’s Board of Inspection and Survey (INSURV) has recommended the Coast Guard accept delivery of the first National Security Cutter (NSC-1), following correction or waiver of several deficiencies. […]
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Business/Financial
FAA Report Sees Boom In Tiny Commercial Space Ventures: Huge Opportunities Seen For Private Firms Developing Vehicles To Haul Astronauts, Cargo, Food And Much More
Are Private Space Transport Firms Today Where Microsoft Was When It Sold Stock In 1985? Broader, Established Space Transport Industry Sees Revenues, Profits Soar More Than 40 Percent Over Two […]
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Air ForceCongress Short-Changes Defense; Huge Funding Increases Needed To Support Existing, Future Programs Including Procurement Of Major Weapons Platforms: AIA Report
The federal government needs to step up to the challenge and fully fund myriad defense programs, specifically including procurement of ships, tanks, planes, missiles and more, the Aerospace Industries Association […]
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Business/Financial
Launches
Lockheed Satellite Launched Into Orbit By Ariane-5 For Vietnam The Vinasat-1 communications satellite was launched into orbit by an Ariane 5-ECA rocket provided by Arianespace, with the satellite poised to […]
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Business/Financial
Contracts
Northrop To Vie For GOES-R Contract Northrop Grumman Corp. [NOC] will compete for the Geostationary Environmental Operational Satellite — Series R GOES-R contract. Northrop submitted a proposal to NASA to […]
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Business/Financial
Raytheon Adds To Information Security Capabilities With New Acquisition
Raytheon [RTN] on Friday said it has acquired SI Government Solutions, a small company that does vulnerability assessments and provides recommended fixes for network security, in a deal that adds […]
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Business/Financial
Business Jet Demand, Defense Profits Drive Boost Textron
Textron [TXT] yesterday reported strong sales and earnings growth, driven by demand for business jets, defense equipment and the company’s acquisition of AAI Corp. Net income increased 18 percent to […]
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Business/Financial
Navy’s New Approach To Acquisition Includes Examining Workforce Structure
By Geoff Fein As the Navy begins to incorporate a new approach to buying everything from ships to information technology, it is also looking over its acquisition workforce, determining what […]
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Air Force
Modernization Continues At ATK Lake City Ammunition Plant
By Ann Roosevelt ATK [ATK] continues modernizing the Lake City Army Ammunition Plant in Independence, Mo., even as the plant produces about 1.4 billion cartridges a year as the primary […]
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Business/Financial
UTC Reports Solid First Quarter Financial Results
By Calvin Biesecker United Technologies Corp. [UTX] yesterday posted solid first quarter financial results and affirmed its forecast for higher sales and earnings this year despite weakness in some areas […]