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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

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]