Northrop Grumman Corp
Pentagon awards $1.3 billion in contracts to Northrop Grumman and York for 100 satellites
An artist illustration shows the functions of the Space Development Agency’s satellite constellation. Space Development Agency The Pentagon’s Space Development Agency on Monday announced about $1.3 billion in contracts to York Space and Northrop Grumman to build communications satellites. SDA is having the pair of companies build 100 satellites as part of a network the […]
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Pentagon pushing U.S. defense sector to bolster Israel in battle in opposition to Hamas
Israeli soldier work on a tank at the Israel-Gaza border. Photo Alliance | Image Alliance | Getty Images WASHINGTON — The Pentagon mentioned Monday it is coordinating with U.S. protection titans to expedite the shipping of pending Israeli weapon orders as violence in the area escalates adhering to a horrific weekend terror attack carried out […]
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Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky
A rendering of the “Orbital Reef” space station in orbit. Blue Origin The Orbital Reef space station partnership between Jeff Bezos’ Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a co-led project in 2021, but updates about the project dried up in the past year. […]
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Pentagon space arm awards $1.5 billion contract to Lockheed Martin and Northrop Grumman for communications satellites
An artist illustration shows the functions of SDA’s satellite constellation. Space Development Agency The Pentagon’s Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman for prototype communications satellites. SDA said the 72 satellites will be for the “Beta” variant of its Tranche 2 Transport Layer constellation, a network […]
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Viasat revenue grows as investigation continues into malfunctioning $750 million satellite
Viasat offices are shown at the company’s headquarters in Carlsbad, California, March 9, 2022. Mike Blake | Reuters Viasat reported a jump in quarterly revenue Wednesday, as the company continues to investigate its recent satellite malfunction and explores options to make up for some of the service it expected to add this year. The company, […]
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Viasat stock plunges after company discloses malfunction in new satellite
A long-exposure photo shows a trail left by SpaceX’s Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023. Viasat Viasat‘s stock dropped in after-hours trading on Wednesday after the company disclosed its most recently launched communications satellite suffered a malfunction. The Carlsbad, California-based company said an “unexpected event occurred” […]
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Investing in Area: Relativity CEO bets on even bigger rockets, A.I. capabilities
CNBC’s Investing in Room publication gives a view into the enterprise of area exploration and privatization, delivered straight to your inbox. CNBC experiences and curates the newest information, investor updates and special interviews on the most critical businesses achieving new heights. This week’s version was guest writtetn by CNBC’s Morgan Brennan, co-anchor on “Closing Bell: Extra […]
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Stocks making the biggest moves premarket: Meta, Teladoc, Harley-Davidson, Southwest Airlines and more
Harley-Davidson motorcycles are displayed for sale at the Cowboy Harley-Davidson dealership on February 02, 2023 in Austin, Texas. Brandon Bell | Getty Images Check out the companies making headlines before the bell: Meta Platforms – Shares jumped 12% after the Facebook parent surpassed Wall Street’s expectations on the top and bottom lines and issued optimistic […]
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Buy these stocks with fortress balance sheets to gain in the slowing economic climate, Morgan Stanley suggests
Businesses with robust balance sheets have a draw back cushion and can discover one of a kind alternatives throughout a slowing financial state, in accordance to Morgan Stanley. Firms with high amounts of hard cash on their stability sheets can acquire benefit of a slowing economic climate by purchasing back their inventory or attaining organizations […]
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Astronaut Sen. Kelly touts ‘stunning’ space business growth, calls for more rocket competition
Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023. Michael Sheetz | CNBC Arizona Sen. Mark Kelly, who flew to space four times over a 15-year career as an astronaut, praised the growth of the space industry and gave a rallying cry for intensified competition. “Some of the […]
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