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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…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]