Space
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Business/FinancialGIOVE-B Satellite Marks One Year On Orbit
The GIOVE-B navigation satellite completed its first year in orbit. That 500 kg (1,102 pound) satellite, built by an industrial team led by Astrium under contract to the European Space […]
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Business/FinancialLayoffs Begin On Space Shuttle Program; 160 Workers Leaving Posts Now; 900 To Lose Jobs By September: NASA Leaders
Contractor Employees At Risk; Some Will Shift To Other Jobs In Their Companies The beginning of the end has arrived for workers in the space shuttle program, with 160 workers […]
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Business/FinancialRaytheon Gains $83.6 Million For Radars Going To U.S. Navy, Allied Overseas Militaries
The Navy gave Raytheon Co. [RTN] an $83.6 million firm fixed-price contract for radars needed by the Navy and by allied military forces on their F/A-18E/F Super Hornet strike fighter […]
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Business/FinancialGHL Gains A 15 Percent Drop In Price It Will Pay For Taking Over Iridium Holdings LLC
GHL Acquisition Corp. will pay 15 percent less than earlier agreed to buy Iridium Holdings LLC, a major satellite operator, the firms agreed. The price drop reflected changes in stock […]
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Business/FinancialBlumenthal: 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/FinancialIsrael 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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Business/FinancialGOES-R Satellite Costs Jump, Schedule Problems Arise: GAO
NOAA Roasted In House, Senate, On Satellite Oversight Woes Afflicting Costs, Schedules Of Both GOES-R, NPOESS Programs The GOES-R satellite program cost estimates jumped again, to $7.67 billion from an […]
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CongressRep. Kosmas Urges Dropping Space Shuttle Retirement Deadline Of Sept. 30, 2010
Rep. Suzanne Kosmas (D-Fla.) urged Congress to drop the Sept. 30, 2010, retirement deadline for the space shuttle fleet. She also asked for $2.5 billion funding for NASA to keep […]
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Business/FinancialTranscript: Sen. Jon Kyl, Senate Minority Whip, On Missile Defense
Sen. Jon Kyl of Arizona, Senate minority whip, spoke before a National Defense University Foundation and National Defense Industrial Association breakfast in Washington at the Capitol Hill Club April 21, […]
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Business/FinancialAirborne Laser In Flight Tests
The Airborne Laser missile defense system has begun flight tests with the entire weapon system integrated aboard the aircraft, The Boeing Co. [BA] announced. Boeing, the prime ABL contractor, contributed […]