Space

Lockheed Martin [LMT] on Aug. 11 broke ground on two new facilities that will cost some $24 million at its Space Systems Company operations in Newtown, Pa., that will support […]

By Calvin Biesecker Raytheon [RTN] yesterday unveiled a new focal plane array that it says is four times larger that infrared detectors currently in production and will provide major advances […]

By Emelie Rutherford The panel reviewing NASA’s human-spaceflight equipment and missions for President Obama could lay out options for continuing to develop Ares launch vehicles and using them with alternatives […]

By Ann Roosevelt ATK [ATK], prime contractor on the Ares I rocket that will loft the Orion space capsule into orbit, maintains the program cost, schedule and technical performance are […]

Northrop Grumman NOC] said yesterday that it had delivered last month the final, first stage solid rocket motor for the Minuteman ICBM under the Propulsion Replacement Program. Remanufacturing of the […]

Lockheed Martin LMT] recently reported a mixed bag of second quarter financial results, with earnings falling as expected due to higher pension expenses despite an increase in sales. The company’s […]

Netfires LLC, a joint Raytheon RTN]-Lockheed Martin LMT] venture, recently said it completed the first moving target test flight of the Non Line-of-Sight Launch System (NLOS LS) Precision Attack Missile […]

By Calvin Biesecker Northrop Grumman NOC] recently said that second quarter earnings fell due to a pension adjustment combined with additional charges related to shipbuilding operations, although the company maintained […]

Raytheon RTN] recently posted strong second quarter earnings amid modest sales gains driven by growth and improved performance. Net income increased 15 percent to $489 million, $1.23 earnings per share […]

Missile-defense advocates in Congress have failed so far to halt President Obama’s proposed $1 billion-plus cut to such defenses, but have garnered support for continuing near-term work on U.S. interceptors […]