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Business/Financial

Orbital Completes Acquisition of GD’s Satellite Development Unit

DDN

Tuesday, April 6th, 2010

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Orbital Sciences Corp. [ORB] last Friday said it has completed its $55 million purchase of the spacecraft development and manufacturing business from General Dynamics [GD]. Orbital announced the deal early last month as a way to give it an immediate entry into the medium satellite market (Defense Daily, March 8). The company already makes small satellites in addition to small and medium-class rockets. "With the addition of important new strategic customer relationships, a broad range of complementary satellite products and…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]