Aerospace Group:

Business/Financial

Raytheon Technologies To Acquire U.K. Space Company

By Cal Biesecker

Monday, July 18th, 2022

SHARE:

Raytheon Technologies To Acquire U.K. Space Company

Jeff Lewis, CEO of Raytheon UK. LinkedIn photo.

Raytheon Technologies [RTX] on Monday said its United Kingdom-based subsidiary has agreed to acquire another U.K.-based company that specializes in space domain awareness. Terms of the deal were not disclosed. Northern Space and Security Ltd. (NORSS) provides orbital analyst services to the U.K. Space Agency, including capabilities for government and U.K. satellite operators. NORSS also is developing a simulator for the U.K. Ministry of Defence used in the development and testing of future British military satellite systems and constellations. “Bringing…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]