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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Orbital ATK has hired 1,000 additional employees and expanded several weapons facilities to increase production capacity as it expects a rise in the demand for munitions and missiles from the Defense Department in the next few years, Defense News reported Wednesday. “We have invested a decent number of millions, tens of millions, in a number of […] More
Boeing and Northrop Grumman have started to develop designs of the Ground-Based Strategic Deterrent intercontinental ballistic missile for the U.S. Air Force, SpaceNews reported Tuesday. The service branch awarded in August 2017 approximately $678 million in combined contracts to Boeing and Northrop to perform technology maturation and risk reduction work on the GBSD program. GBSD […] More
Orbital ATK has secured a contract from Intelsat to produce, test and launch a second commercial in-space servicing vehicle designed to extend the life of in-orbit satellites. Orbital ATK said Thursday it will start providing satellite servicing support through the Mission Extension Vehicle 2 by mid-2020 under the contract. The Dulles, Virginia-based aerospace and defense […] More
Defense contractors such as Lockheed Martin, Northrop Grumman and Boeing have started to step up efforts to compete in the space segment as they see new business opportunities in the market, Space News reported Thursday. Bruce Tanner, chief financial officer at Lockheed, said at an earnings call Tuesday the company intends to spend up to […] More
Leanne Caret, CEO of Boeing’s defense, space and security business, told CNBC in an interview aired Wednesday that the company is a “buyer” and is on the lookout for potential acquisitions. “We are continuing to look at other ways to increase our top line through mergers and acquisitions and we have a continued pipeline we’re assessing,” Caret said […] More
Orbital ATK has announced plans to make a $5 million investment to expand its 175,000-square-foot production facility in Beavercreek, Ohio, as the company transitions work from its Clearfield, Utah-based facility. The company said Tuesday the expansion project is expected to generate 57 technical and engineering jobs and will add approximately 40,000 square feet of space […] More
Orbital ATK and NASA have completed the preliminary design review of a docking component of its Mission Extension Vehicle. The Rendezvous, Proximity Operations and Docking system consists of actuators, control algorithms and sensors that work to help MEV-1 detect, monitor and move toward a client spacecraft, Orbital ATK said Tuesday. The company and NASA conducted the RPOD […] More
United Launch Alliance has selected Orbital ATK as the sole provider of solid boosters for the Atlas V and Vulcan launch vehicles as part of a long-term strategic partnership between both businesses that takes effect in 2019. Orbital ATK said Tuesday it will design and develop two new motors for the Boeing–Lockheed Martin joint venture to support both government and commercial […] More
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