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Orbital Posts Strong Third Quarter Financial Results

Orbital Sciences Corp. [ORB] on Oct. 16 reported strong third quarter financial results, led by solid operating performance, and the company increased its earnings outlook for the year. Net income jumped 36 percent to $21.2 million, 35 cents earnings per share (EPS), from $15.6 million (26 cents EPS),  beating consensus estimates by 7 cents. The gain in earnings was aided by a significant increase in research and development expenses, $7.5 million versus $23.1 million a year ago, due to completion…

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Congress Updates

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]


McConnell: “Safe To Conclude There Will Not Be A Third Reconciliation Bill”

Two top GOP senators on the Senate Appropriations Committee are opposing a third reconciliation bill. The Trump administration’s total $1.5 trillion fiscal year 2027 defense request is split between $1.15 […]


HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]


HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]