Space
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SpaceMDA, Navy Successfully Shoot Down Ballistic Missile Target I Latest Test
The Navy and the Missile Defense Agency (MDA) last week conducted another successful ballistic missile defense (BMD) test, which included the first of four events planned for this year to […]
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SpaceLawmakers Eye Mandating Contractors Give Gov’t Systems’ Specs
Some lawmakers want to ensure the Pentagon acquires the specifications for more of the weapon systems it buys so that multiple companies can compete to build the equipment during follow-on […]
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SpaceNorthrop Grumman Delivers Final First Stage Rocket Under ICBM Program
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 […]
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SpacePension Costs Hit Lockheed Martin’s Earnings But Still Top Expectations
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 […]
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SpaceArmy Future Missile System Successful In Moving Target Interception Test
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 […]
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SpaceShipbuilding Charges, Pension Expenses Drag Down Northrop’s Earnings
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 […]
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SpaceRaytheon Tops Earnings Expectations, Increases 2009 Guidance
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 […]
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SpaceDespite Cuts, Missile-Defense Advocates See Silver Lining In Budget Debate
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 […]
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SpacePartial Success For Arrow Weapon System Intercept Test
A planned July 22 intercept test of the Arrow Weapon System (AWS) was partially successful, though a Arrow II interceptor was not launched for reasons now under investigation, the Missile […]
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Air ForceNorthrop Grumman Team OCX Poised For Next Phase, Official Says
By Ann Roosevelt The Air Force this fall will select either Northrop Grumman [NOC] or Raytheon [RTN] in the competition for the Air Force’s Global Positioning System (GPS) Next Generation […]