International
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Business/FinancialSen. Kyl Says Gates Plan Leaves Boost-Phase Missile Defense Programs In Limbo, On Hold
Meanwhile, Missile Threats Increase; Kyl Warns Nuclear-Missiles-Armed Pakistan Could Fall To Taliban In One To Six Months Gates Plan Involves $900 Million More Cuts To Missile Defense Programs, Beyond The […]
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Business/Financial
China Is Displaying Nuclear Submarines For First Time; Beijing Orders Increased Patrols In Contested Sea Area
China is displaying nuclear submarines in the port city of Qingdao, a first, according to Xinhua, the official government news agency. The muscle-flexing comes as China is in multiple debates […]
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Business/Financial
Blumenthal: U.S. Competition With China Is Now, Not A Future Development; Gates Plan Responds With Weakness To Rising Chinese Military
Secretary of Defense Robert Gates has proposed a budget plan that will leave the U.S. military weaker, precisely as the Chinese military is growing stronger. And the Sino military already […]
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Business/Financial
Israel To Buy Vulcan-Phalanx Cannon System If Gates Agrees To Provide A Unit; Raytheon System Would Kill Rockets From Gaza Strip
Israel aims to purchase the Raytheon Co. [RTN] Vulcan-Phalanx close-in air defense systems to kill rockets and mortars launched into Israel by Hamas terrorists in the Gaza Strip, according to […]
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Homeland Security
China Launches Second GPS-Like Satellite; It Reaches Proper Orbit, Sends Back Signals
China launched another of its COMPASS navigational satellites, in a constellation of birds that eventually will provide global-wide navigational signals much like the U.S. Global Positioning Satellites (GPS), Xinhua, the […]
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Business/Financial
Raytheon Gains $23.5 Million Contract Change For GPS Ground Station Control Segment Work
The Air Force gave Raytheon Co. [RTN] a $23.5 million contract extension to perform additional risk-reduction activities for the next-generation Global Positioning System Operational Ground Control Segment, or GPS OCX. […]
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Business/Financial
Boeing Unit Advances, But Earnings From United Launch Alliance A Drag
The Boeing Co. [BA] saw its network and space systems unit advance operating margin profit by 7.7 percent, but lower earnings from the United Launch Alliance joint venture with Lockheed […]
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Business/Financial
SAFRAN To Acquire Majority Stake In GE’s Homeland Protection Business
By Calvin Biesecker France’s SAFRAN Group on Friday said it has agreed to acquire 81 percent of General Electric‘s [GE] Homeland Protection business, giving it a portfolio of security products […]
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Business/Financial
NASA Constellation Program Budget May Be Hit With $3.5 Billion Cut, Slamming 2020 Lunar Mission Goal
Griffin Concerned Future Is Bleak The Obama White House Office of Management and Budget (OMB) is proposing a $3.5 billion NASA budget cut that would hurt the Constellation Program developing […]
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InternationalCanada Taps Insitu For Small Unmanned Aerial Vehicle Services
Boeing‘s [BA] Insitu has received a $30 million contract from the Canadian government to provide small unmanned aerial vehicle (SUAV) services to support the Canadian Forces’ intelligence, surveillance and reconnaissance […]