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Business/Financial

FAA Report Sees Boom In Tiny Commercial Space Ventures: Huge Opportunities Seen For Private Firms Developing Vehicles To Haul Astronauts, Cargo, Food And Much More

DDN

Monday, April 21st, 2008

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Are Private Space Transport Firms Today Where Microsoft Was When It Sold Stock In 1985? Broader, Established Space Transport Industry Sees Revenues, Profits Soar More Than 40 Percent Over Two Years, According To FAA Report The nascent private commercial space transport business has posted impressive growth, but that past showing will be eclipsed by a huge future expansion as entrepreneurial enterprises respond to lush opportunities, a new report suggests. Indeed, the private commercial space transport business today may be in…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]