Tag Archives: Orbital

ATK to Provide Motor to Orbital’s Taurus II

ATK (NYSE: ATK) booked a $57 million contract to provide the CASTOR 30XL, a motor to be used on Orbital Science Corporation’s (NYSE: ORB) Taurus II commercial launch vehicle. Taurus II will supply cargo for NASA to the International Space Station. “The CASTOR 30XL is another important addition to our …

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Orbital Set to Launch Rocket for Air Force from Alaska Today

Orbital Sciences (NYSE: ORB) is getting set to launch a Minotaur IV rocket for the Air Force’s Space Test Program-S26 (STP-S26) mission. Heading into orbit will be four microsatellites, two CubeSats, and perform a technology demonstration. The rocket will launch from the Kodiak Launch Complex on Kodiak Island, Alaska today. …

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Lockheed Martin-Raytheon Team Moves Toward Bid; NGC, Orbital Join as GMD OEMs

Lockheed Martin (NYSE: LMT) and Raytheon’s (NYSE:RTN) assembled dream team of contractors is moving toward a bid for the U.S. Missile Defense Agency’s Ground-Based Midcourse Defense (GMD) Development and Sustainment contract. According to Lockheed Martin, Raytheon’s Reid Davis has been appointed deputy program manager for the Lockheed Martin-Raytheon GMD team. …

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Orbital Makes Announcement

Orbital Sciences Corporation (NYSE:ORB) released the following statement: “Vice Chairman and Chief Financial Officer Garrett E. Pierce, will make a presentation to investors and analysts at Jefferies 6th Annual Global Industrial and Aerospace & Defense Conference to be held in New York City on August 10, 2010. Mr. Pierce’s presentation …

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Orbital Announces Fiscal Figures

Orbital Sciences Corporation (NYSE: ORB) announced financial results for the second quarter of 2010. According to the firm, “second quarter 2010 revenues were $337.7 million, up 25% compared to $270.1 million in the second quarter of 2009. Second quarter 2010 operating income was $12.2 million, compared to $12.8 million in …

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Orbital to Make Financial Announcement Next Week

Orbital Sciences Corporation (NYSE: ORB) released the following statement: “(Orbital) will release its second quarter 2010 financial results prior to the opening of the market on Thursday, July 22, 2010. Orbital will also conduct a conference call with financial analysts and investors the same morning, beginning at 9:00 a.m. (EDT). …

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Orbital, L-3 Win Deals from Navy

According to the Department of Defense: “Orbital Sciences (NYSE:ORB) is being awarded a $94, 713, 285 cost-plus-fixed-fee level of effort contract for spacecraft and airborne systems research analysis and prototype development.  This includes the analysis, design, development, test, operation demonstration, and transition of these prototype systems and subsystems.  Work will …

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Orbital Set to Launch Minotaur IV

Orbital Sciences Corporation (NYSE: ORB) is set to launch the first of its Minotaur IV rockets in support of the Defense Advanced Research Projects Agency’s (DARPA) Hypersonic Technology Vehicle-2 (HTV-2) program. For the HTV-2 mission, Orbital will fly a three-stage Minotaur IV “Lite” version of the rocket to carry out …

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Orbital Acquires General Dynamics’ Spacecraft Business

Orbital Sciences Corporation (NYSE: ORB) finalized the acquisition of a spacecraft development and manufacturing business from General Dynamics Advanced Information Systems, a subsidiary of General Dynamics Corporation (NYSE: GD). “Today, we are very excited to welcome a great team of highly qualified and experienced satellite professionals to the Orbital family, …

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Orbital taps Michael Hamel as new Sr. VP of Strategy and Development

Orbital Sciences Corp has named Lt. General Michael A. Hamel (USAF, retired) as its Senior Vice President of Strategy and Development.  In his new position, Mr. Hamel will direct strategic iniitatives in Orbital’s current markets and will assess new technology and product development plans supporting future growth.   David W. …

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