Space
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Business/FinancialObama Cuts Will Kill Chance For Fully Able Missile Defense Program, Rep. Franks Says
President Doesn’t Understand Missile Threat, But Lawmakers Increasingly Comprehend It President Obama’s expected cuts in ballistic missile defense (BMD) programs will stagger the effort to protect Americans from missile attacks, […]
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Business/Financial
China Mobile, China Telecom and Alcatel-Lucent Sign $1.7 Billion Pact
Alcatel-Lucent [ALU] signed two framework agreements worth $1.7 billion with China Mobile and China Telecom, Alcatel-Lucent announced. The deal will provide network upgrades, integration and maintenance services this year. As […]
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Business/Financial
Obama ‘Confident’ Taliban, al Qaeda, Won’t Seize Pakistani Nuclear Missiles Arsenal; But Obama Also ‘Gravely Concerned’ By Situation
President Obama said he is confident that terrorist groups such as the Taliban and al Qaeda won’t be able to seize Pakistani nuclear-tipped ballistic missiles. However, Obama also said at […]
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Business/Financial
General Dynamics Gains $150 Million Army Deal For Hydra-70 Rockets, Gear
The Army gave General Dynamics Corp. [GD] a $150 million contract-change deal to produce Hydra-70 rockets, warheads and motors. Deliveries are expected to begin in September next year. This order […]
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Business/Financial
Killing Enemy Missile In Boost Phase Permits More Shots At Enemy Missiles, Analyst Says; But Other Systems More Used
Gates Said To Think 30 Airborne Lasers Required For Good Global Coverage Against Enemy Ballistic Missiles Ballistic missile defense systems effective against short- or medium-range enemy missiles are "more likely […]
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Business/Financial
NASA Gives Northrop CERES Instrument Contract Worth Up To $44.5 Million
NASA gave Northrop Grumman Corp. [NOC] a contract worth up to $44.5 million to provide an instrument that would fly on the long-delayed National Polar-orbiting Operational Environmental Satellite System, or […]
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Business/Financial
Walter Reed Army Medical Center Turned 100 May 1; $9 Million Rehab Center Aids Wounded; But Famed Hospital To Be Torn Down Soon, Site Redeveloped
Walter Reed Army Medical Center, the crown jewel of Army medicine, celebrated its 100th anniversary Friday with a ceremony and a formal ball, but the celebration was bittersweet because the […]
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Business/Financial
Raytheon Gains $9 Million Contract Change For Patriot Missile Maintenance; $45 Million Total
The Army gave Raytheon Co. [RTN] a $9 million contract addition for Patriot missile maintenance and facilities, bringing the total contract to $45 million thus far, with room for further […]
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Business/Financial
System To Remove Debris From Space Is Needed, But Cost And Feasibility Issues Mean No Solution In Near Future
Needed: a huge vacuum cleaner that can roam around in low Earth orbit. While the danger of catastrophic collisions in space is rising steadily, cost and feasibility issues mean development […]
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Business/Financial
Turkish Company To Supply Key Component For Patriot GEM-T
Raytheon Co. [RTN] named a Turkish missile manufacturer as an international supplier of a key component of the Patriot Guidance Enhanced Missile- Tactical (GEM-T). Under the agreement, Roket Sanayii ve […]