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U.S. Space v Orbital ATK Suit Alleges Value Of On-Orbit Satellite Servicing

Monday, May 9th, 2016

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A lawsuit filed by U.S. Space in New York Supreme Court could shed some light on the potential value of the on-orbit satellite servicing market.U.S. Space alleges that its former joint venture with Orbital ATK [OA], Vivisat, secured $298 million in potential revenues for in-orbit satellite servicing from five companies over a two-year period. U.S. Space on April 29 sued Orbital ATK, claiming Orbital ATK broke an agreement the companies made to pursue customers for ViviSat, which was formed by…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]