Posts from ExecutiveBiz for 12/21/2017

SSL-Built Satellite Servicing Spacecraft Completes NASA Design Review; Richard White Comments

A spacecraft built by Maxar Technologies’ SSL business for NASA’s in-orbit satellite servicing mission has concluded the agency’s mission preliminary design review. The completion of the mission PDR would advance the spacecraft to the Key Decision Point C phase to pave the way for the launch of the Restore-L mission in 2020, SSL said Wednesday…
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SN3-BWX Technologies JV Receives Potential $1B NNSA Contract for Los Alamos Lab Cleanup

A joint venture of Huntington Ingalls Industries‘ (NYSE:HII) SN3 subsidiary and BWX Technologies (NYSE: BWXT) has received a potential 10-year, $1.4 billion contract from the National Nuclear Security Administration to clean up contaminants in the Los Alamos National Laboratory…
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Thomas Bossert: North Korea Behind ‘WannaCry’ Ransomware Attack

Thomas Bossert, homeland security adviser to President Donald Trump, has said the U.S. has determined that North Korea was responsible for a ransomware attack that disrupted computer systems worldwide in May…
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Congress Passes Tax Reform Bill

A tax reform bill is now headed to the White House for President Donald Trump’s signature after Congress passed the measure Wednesday, Reuters reported Wednesday. The House voted 224-201 and the upper chamber voted 51-48 to approve the measure that would reduce the corporate tax rate from 35 percent to 21 percent and authorize a 20 percent cut on business income…
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NASA to Fund Concept Devt of Comet Sample Return Mission, Saturn Moon Exploration

NASA has chosen two proposed space exploration concepts as finalists for a robotic mission scheduled to launch in the mid-2020s. The space agency said Thursday it will fund the concept development of the finalists, which include a comet sample return mission and a rotorcraft that would seek potential landing sites on Saturn’s moon, Titan…
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General Atomics to Build, Test Navy’s Large Displacement UUV Motor

A business unit of General Atomics has secured a contract to design and build a permanent-magnet propulsion motor technology for large displacement unmanned undersea vehicles of the U.S. Navy. General Atomics Electromagnetic Systems will also test and deliver the motor under the contract from the Office of Naval Research, the company said Wednesday…
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DynCorp Taps US-Based Elbit Systems Subsidiary to Support Army C-26, UC-35 Aircraft

M7 Aerospace, an Elbit Systems of America subsidiary, has secured a potential six-year $176 million contract from DynCorp to offer life cycle contractor support services for U.S. Army C-26 and UC-35 aircraft…
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BAE Unit to Modernize Navy’s Anzio Guided Missile Cruiser

A business unit of BAE Systems has received a potential $53.1 million contract to modernize a Ticonderoga-class guided missile cruiser of the U.S. Navy at a shipyard in Norfolk, Virginia. The company said Wednesday USS Anzio (CG 68) modernization efforts will run for six months and cover ship alterations, miscellaneous repairs and critical aluminum structures replacement…
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Report: India Plans $2B General Atomics-Built Maritime Patrol UAS Procurement

India intends to buy General Atomics-built unmanned aerial systems designed for maritime surveillance operations through an estimated $2 billion government-to-government deal with the U.S., Business Standard reported Thursday…
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SpaceX to Forgo Falcon 9 Booster Landing for 4th Iridium Satellite Launch; Matt Desch Comments

A spokesperson for SpaceX has said the company intends not to land the Falcon 9 rocket’s first stage as part of a mission to launch Iridium Communications’ fourth batch of 10 Iridium NEXT satellites into space, SpaceNews reported Wednesday…
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Lockheed Awarded $154M US, UK Trident II System Shipboard Integration Contract

Lockheed Martin (NYSE:LMT) has received a three-year, $154.4 million U.S, Navy  contract to to support Increment 8 of the Trident II Strategic Weapon System Shipboard Integration effort for two classes of future U…
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Air Force Taps JPATS for Potential $2B T-6 Trainer Fleet Support IDIQ

JPATS Logistics Services has won a potential five-year, $2.2 billion contract to help the U.S. Air Force manage base supply of T-6 Joint Primary Aircraft Training Systems. The Defense Department said Wednesday the company will also help T-6 users accomplish daily flight schedules as well as provide transparent supply chain management services in accordance with DoD and commercial sector practices for production, delivery and procurement…
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VIDEO: How the F-35 Got Its Name

The F-35 got its name in an unconventional way. Find out how as we celebrate 75 years of aircraft production at Air Force Plant 4 in Fort Worth. http://lmt.co/2BTin4O
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