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Tag Archives: space

Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

northrop Grumman_BLUE

Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 …

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NASA Selects Orbital ATK, Sierra Nevada, SpaceX for Round 2 Space Station Resupply Contracts

International-Space-Station

NASA has awarded Orbital ATK (NYSE: OA), Sierra Nevada and SpaceX a second round of potential multi-billion dollar contracts to deliver cargo to and from the International Space Station through 2024 in support of efforts to end U.S. reliance on Russia for access to space by 2017, agency officials said …

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Inmarsat’s Rebecca Cowen-Hirsch: Satcom Industry Saw Commercial-Military Partnership, Reform Efforts in 2015

Rebecca Cowen-Hirsch

TYSONS CORNER, VA, January 13, 2016 — Rebecca Cowen-Hirsch, senior vice president for U.S. government strategy and policy at Inmarsat, believes an ongoing collaborative program between the company, the Defense Department and other satellite operators will help boost commercial-military space operations, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog entry posted …

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NASA Awards Boeing’s 2nd Task Order for ISS Crew Mission

BoeingCST

TYSONS CORNER, VA, December 22, 2015 — Boeing (NYSE: BA) will proceed with work under NASA‘s Commercial Crew Transportation Capability contract with the award of a second task order following design and developmental milestones for the CST-100 Starliner, ExecutiveBiz reported Monday. NASA said Saturday the company will work to prepare for potential missions …

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Wayne Rehberger: Engility Eyes Bigger GovCon Bids With Added TASC Capabilities

Wayne Rehberger

TYSONS CORNER, VA, December 8, 2015 — Engility (NYSE: EGL) CFO Wayne Rehberger said the company seeks to double the size of its bid for government contracts as it builds on its $1.3 billion acquisition of TASC in February, ExecutiveBiz reported Friday. The Washington Business Journal reported Friday the acquisition has helped grow …

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Tim Mahoney: Honeywell Targets Space Tech Growth With Com Dev Purchase

Satellite

Honeywell (NYSE: HON) has agreed to buy space hardware manufacturer Com Dev International for about $345 million in a push to grow Honeywell’s portfolio of satellite and connectivity technologies. Honeywell said Thursday the purchase price is net of Com Dev’s cash and debt, and the company expects the transaction to …

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Orbital ATK 3Q Earnings, Revenue Top Wall Street Forecasts; Company Raises 2015 Outlook

Orbital ATK

Orbital ATK (NYSE: OA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.35 per share, 25 cents above Wall Street analyst forecasts. The Dulles, Va.-based space systems and ammunition maker also posted $1.135 billion in revenue for the quarter on strong …

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Boeing 3Q Earnings, Revenue Beat Expectations; Quarterly Defense Sales Up 6%

BoeingLogo

Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.52 per share, 30 cents above Wall Street estimates and 38 cents higher than figures for the same period last year. The company also raised its full-year earnings outlook …

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NASA Seeks Asteroid Redirect Robotic Mission Design

deep space

NASA has begun a search on design concepts for the agency’s Asteroid Redirect Robotic Mission spacecraft as part of an effort to further human spaceflight beyond low Earth orbit. The agency released a solicitation Monday that seeks conceptual studies for the ARRM spacecraft, an early-stage project that will use cis-lunar space as …

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Boeing to Consolidate Defense, Space Development Functions; Chris Chadwick Comments

Chris Chadwick

Boeing (NYSE: BA) will merge its defense and space business development operations into a single organization with the goal of addressing program risks and cost issues. Chris Chadwick, CEO of Boeing’s defense, space and security business, said Wednesday the future BDS development group will “apply engineering expertise, development program best …

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