Orbital, With Solid Cashflow, To Finance Major Portion of Spacecraft Development Cost Commercial Craft Would Help Fill Void Left By Space Shuttle Retirement In 2010 NASA selected Orbital Sciences Corp. [ORB] of Dulles, Va., as the winner of a competition to receive up to $170 million in federal seed money, to spur Orbital and its team of subcontractors to develop a private Cygnus space cargo vehicle to help supply the International Space Station (ISS). That agreement includes demonstrating the spacecraft…
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Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says
A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]
Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities
The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]
Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons
Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]
Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]