Space
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Business/FinancialLockheed Hands Over SBIRS Enemy Missile Warning System To Air Force
Lockheed Martin Corp. [LMT] handed over the first Space Based Infrared System (SBIRS) Highly Elliptical Orbit (HEO-1) payload and ground system to the Air Force, the company announced. Certified operations […]
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Business/FinancialBoeing Completes Satellite Control Center
The Boeing Co. [BA] completed a $10 million, 20,500-square-foot satellite Mission Control Center (MCC) in El Segundo, Calif. The MCC can manage up to four commercial or government satellite missions […]
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Business/FinancialFirst Orion Space Capsule Manned Flight Delayed One Year To 2014 By Money Woes
Further Delays Possible, Such As Any Funding Freeze Congress Sets For NASA Fiscal 2009 Appropriations NASA Leaders Reject Report That Orion Safety Concerns Trumped By Budget, Cost Concerns The unofficial […]
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Homeland Security
North Korean Nuclear Weapons, Ballistic Missiles Worry Bush
Bush Says North Korea Won’t Come Off State Sponsor Of Terrorism List Or Axis Of Evil List Until It Takes Further Action But Bush Praises Destruction Of Reactor President Bush […]
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Business/FinancialLockheed Will Pay $4 Million Fine In Attempt To Sell Hellfire Missiles To United Arab Emirates: State Department
Classified Information Disclosed On JASSM Lockheed Martin Corp. [LMT] will pay a $4 million civil penalty for unauthorized actions the company took to sell Hellfire missiles to the United Arab […]
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Business/FinancialFlorida State Government To Establish Spaceport At Cape Canaveral Station For Commercial Space Companies
The Florida state government will rent a long-unused launch pad at Cape Canaveral Air Force Station to create a spaceport for commercial spaceship launches. This move comes as the nearby […]
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Air ForceATK Opens FY ’09 With Strong Results Despite Space Glitch
By Calvin Biesecker Alliant Techsystems [ATK] yesterday posted strong earnings and sales to open its new fiscal year, powered by record results in its ammunition business that more than offset […]
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Homeland Security
Iran Defies Urgings From Nations Across Globe, Refuses To Abandon Its Nuclear Production Work
Iran refused to abandon its illicit nuclear materials production program, with an obstinate statement issued by Iranian President Mahmoud Ahmadinejad, according to the International Herald Tribune. Fears that Iran might […]
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Homeland Security
U.S. Hasn’t Frozen Arms Sale To Taiwan, Its Legislative Leader Says
The United States hasn’t frozen sales of arms to Taiwan, but rather American officials are taking time to review the planned sale, according to a senior Taiwanese official. There is […]
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Business/FinancialJob Losses Already Set For Lockheed Employees As Space Shuttle Fleet To Retire By 2010
Thousands of job losses stemming from the space shuttle fleet retirement, long feared, are about to begin. Lockheed Martin Corp. [LMT] announced that this fall it will begin workforce reductions […]