Space Industry A $180 Billion Enterprise With Rocketing Value
A new report shows the space industry is pulling down a cool $180 billion annually in global revenues, while its stock prices are climbing to the cosmos. According to the...
Archive
Northrop Grumman, NASA Lab See Progress On NASA Telescope System
Northrop Grumman Corp. [NOC] and the NASA Jet Propulsion Laboratory completed key technology milestones on a telescope system that will peer through the heavens seeking Earth-like planets, Northrop announced. The...
Analysis: Administration Isn't Tightening Restrictions On Exports Of Space Technology
Where the new National Space Policy says that exports of certain space-based technologies “shall be approved only rarely, on a case-by-case basis,” it does not mean that such approvals would...
Alcatel Purchase Of Lucent Aired In House Committee Hearing
The decision by Alcatel [ALA] of France to purchase U.S.-based Lucent Technologies [LU] for $10.4 billion was the focus of a lengthy closed-door hearing before the House Armed Services Committee,...
Intelsat Posts Quarterly Loss On Satellite Glitch, PanAmSat Buy
Intelsat, Ltd., the Bermuda-headquartered satellite services provider, posted a net loss of $172.5 million during July through September, stemming from a glitch in a satellite and a cost related to...
Loral Sees Profit Jump 48.1 Percent In Third Quarter, Boeing Payment Included
Loral Space & Communications Inc. [LORL], the giant satellites producer and operator, reported one measure of profits soared 48.1 percent during July through September. Earnings before interest, taxes, depreciation and...
Missile Defense Agency Test Force Operational
The Missile Defense Agency (MDA) Combined Test Force (CTF) achieved full operational capability, Air Force Lt. Gen. Henry “Trey” Obering, the MDA director, announced. CTF plans, integrates and analyzes tests...
Launches
Air Force TacSat 2 Satellite Launches Dec. 11 From Md.-Va. Spaceport The Air Force Research Laboratory TacSat-2 satellite, plus a NASA satellite, will launch Dec. 11 between 7 a.m. and...
Boeing Wins $296 Million JDAM Kits Contract
The Air Force awarded a unit of The Boeing Co., McDonnell Douglas Corp., a $296 million cost reimbursement contract for 12,889 Joint Direct Attack Munition (JDAM) Lot 11 Guided Vehicle...