Space
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Business/FinancialWalter 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/FinancialRaytheon 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/FinancialSystem 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/FinancialTurkish 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 […]
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Business/FinancialBetter Notification Of Looming Space Collisions Seen This Year
Some 300,000 Pieces Of Space Junk Imperil Billions Of Dollars Worth Of Spacecraft; Exponential Risk Rise Seen Spacecraft operators later this year may gain access to better warnings of space […]
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SpaceNASA Gives Jacobs Technology $200 Million For Michoud Support And Facilities Work
NASA is giving Jacobs Technology $200 million contract for manufacturing support and facilities operations contract at the Michoud Facility Assembly in New Orleans. Jacobs received a cost plus award fee, […]
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Business/FinancialMilitary Satellite Systems Plagued With Cost Overruns, Delays And Difficulty Developing Technology
For Fiscal 2008-2013, Cost Overruns Total Some $10.9 Billion For Satellites The Department of Defense (DOD) has a poor track record in its military satellites development efforts, the Government Accountability […]
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Business/FinancialLockheed Leads With 50 Allegations Of Misconduct Since 1997: POGO
Lockheed Martin Corp. [LMT], the largest defense contractor receiving $34.2 billion in contracts in fiscal 2007, also led the pack in instances of misconduct, according to the Project on Government […]
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Business/FinancialNew Report: Mutual Assured Destruction Won’t Work Because Too Many Rogue Actors Gain Nuclear Capabilities, While Developing Intercontinental Ballistic Missiles
United States Must Maintain Leadership In Space, Or Cede Primacy To Other Nations With Rival Ambitions, Report Says; Missile Defense Should Rise $2 Billion Yearly, To $12 Billion The concept […]
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Business/FinancialAerojet Finishes Test On Orion Spacecraft Rocket
Aerojet, a GenCorp [GY] company, successfully completed the first series of vibration and altitude hot fire tests on the next-generation U.S. spaceship rocket engine. In the test, Aerojet checked the […]