Business/Financial

Boeing Submits GOES R Proposal To NASA For Two Satellites The Boeing Co. [BA] submitted a proposal to NASA to produce two next-generation Geostationary Operational Environmental Satellites, known as the […]

By Geoff Fein Northrop Grumman‘s [NOC] Sperry Marine British business unit was recently selected to supply the Platform Management System (PMS) for the next Royal Navy Astute-class submarine, HMS Audacious, […]

By Geoff Fein Raytheon [RTN] later this year will test its Laser Area Defense System (LADS) against mortars to demonstrate the military utility for lasers on the battlefield, a company […]

The Navy and the NATO Seasparrow Project Office recently awarded Raytheon [RTN] a $17.8 million contract for the MK57, MK29 and MK73 NATO Seasparrow missile systems, the company reported. Under […]

Lockheed Martin [LMT] has achieved a key milestone in the development of the Mobile User Objective System (MUOS) with the successful completion of static loads testing of the first satellite […]

Israel Aerospace Industries (IAI) yesterday reported a steep decline in fourth quarter profits despite strong growth in sales. Net income in the quarter fell 66 percent to $19 million from […]

General Dynamics [GD] and the Navy have successfully integrated the Mission Package Computing Environment (MPCE) for USS Independence (LCS-2), the company said last week. The MPCE, which is located in […]

By Dave Ahearn Boeing [BA] is bidding on a mammoth $18 billion worth of work in the satellites area, including a $7 billion Transformational Satellite (TSAT) opportunity, a $2.5 billion […]

SAIC [SAI] on Tuesday reported strong fourth quarter financial results with sales and earnings rising double digits. Net income increased 18 percent to $99 million, 24 cents earnings per share […]