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Orbital Won’t Stop Work On Cygnus Capsule Following Launch Failure

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Orbital Won’t Stop Work On Cygnus Capsule Following Launch Failure
Orbital's Antares rocket suffered a catastrophic launch failure Oct. 28, 2014, at Wallops Island while performing a Cargo Resupply Services (CRS) mission for NASA. Photo: NASA.

Orbital Sciences [ORB] will not stop work on its Cygnus space capsule that contains the cargo delivered to the International Space Station (ISS) following Tuesday’s launch failure that lost both a Cygnus space capsule and Antares launch vehicle. Company CEO David Thompson said Wednesday work on Cygnus will continue “apace” and will generate incremental revenue. He added where contractual milestones with NASA are tied to Cygnus related items, those milestones should still be accomplished. Thompson, speaking to investors on a…

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