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Tag Archives: space

MacDonald Dettwiler to Purchase DigitalGlobe in $3.6B Deal

Canada-based communications services company MacDonald, Dettwiler and Associates has agreed to acquire Earth imaging services provider DigitalGlobe (NYSE: DGI) in an estimated $3.6 billion transaction to expand MDA’s footprint in the global satellite imagery market. MDA said Friday it will pay $2.4 billion in cash-and-stock for DigitalGlobe — $17.50 in cash and one-third of an MDA …

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ACT I Appoints Phil Simonsen as Senior Space, Cyber Programs Executive; Michael Niggel Comments

TYSONS CORNER, VA, Jan. 19, 2017 — Advanced Concepts and Technologies International has appointed Phil Simonsen, a space and intelligence community veteran, as its new senior executive for space and cyber programs, GovCon Executive reported Wednesday. The company said Simonsen will work to identify and pursue new business opportunities with the National Reconnaissance Office and …

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SSL Awarded $75M Contract to Build Asteroid Exploration Spacecraft Platform for NASA

MacDonald, Dettwiler and Associates‘ U.S. subsidiary SSL has received a $75 million contract to provide a composite-based spacecraft platform for a NASA mission that aims to explore the 16 Psyche metallic asteroid. SSL will build a power propulsion chassis equipped with a solar electric propulsion technology and collaborate with NASA’s Jet Propulsion Laboratory and Arizona …

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AT&T to Provide VPN for NASA’s Deep Space Network Update Efforts; Mike Leff Comments

TYSONS CORNER, VA, Dec. 20, 2016 — AT&T (NYSE: T) will provide a high-speed virtual private network to help NASA update the transmission capacity of the Deep Space Network telecommunications system, ExecutiveBiz reported Thursday. The VPN will work to connect the network’s radio antennas around the world, support bandwidth expansion without the use …

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Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after …

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Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus

GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the third quarter on growth …

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General Dynamics CEO: Census Bureau Support Win Part of IS&T Segment’s ‘Diving Board’ for Growth

General Dynamics (NYSE: GD) CEO Phebe Novakovic singled out to investors Wednesday the company’s potential five-year contract to support a Census Bureau contact center as part of what she referred to as a “diving board” for growth in the information systems and technology segment. That contract worth up to $430 million announced in September calls on General …

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Lockheed’s Revised 2016 Outlook Post-Leidos Deal Tops Street Consensus

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index– and S&P 500-listed Lockheed sees earnings of $12.10 per share and $46.5 billion in revenue for …

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Honeywell 3Q Earnings Meet Street Outlook, Revenue Tops Analyst Forecasts Despite Aerospace Sales Decline

Honeywell International (NYSE: HON) reported third quarter earnings that met analysts’ forecasts with revenue above Wall Street’s outlook before markets opened Friday nearly a week after the industrial conglomerate lowered full-year financial guidance in part on declines in its aerospace division. The GovCon Index– and S&P 500-listed company posted earnings of $1.67 per share …

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Orbital ATK, NASA Eye Oct. 13 Launch for Latest Cygnus Delivery to ISS

TYSONS CORNER, VA, Oct. 6, 2016 — An Orbital ATK (NYSE: OA) Cygnus spacecraft will launch Oct. 13 to transport 5, 100 pounds of supplies and research to the International Space Station as part of the company’s Commercial Resupply Services contract with NASA, ExecutiveBiz reported Wednesday. The space agency said in a blog …

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