Posts from ExecutiveBiz for 09/25/2015

Reuters: Aerojet Rocketdyne Parent Mulls Bid Increase for United Launch Alliance

The parent company of Aerojet Rocketdyne (NYSE: AJRD) plans to meet with outside advisers as it weighs options to raise its acquisition offer for the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture United Launch Alliance, Reuters reported Thursday…

Air Force Seeks New Systems for Signals Intell, Cyber Comms Collection

The U.S. Air Force has unveiled a potential three-year, $24.9 million funding opportunity for industry to develop new methods and systems for the collection and processing of signals intelligence and cyber communications…

Lt. Gen. Robert Neller Becomes 37th Marine Corps Commandant; Ray Mabus Comments

Lt. Gen. Robert Neller, former commander of the U.S. Marine Corps Forces Command, took on the role of commandant of the service branch during a ceremony at Marine Barracks Washington Thursday, DoD News reported…

Commerce Dept: US Economy Expanded 3.9% in 2Q, Tops 3.7% Projection

The U.S. economy expanded at a 3.9-percent annual pace in the second quarter of calendar year 2015 to beat the government’s estimate of 3.7 percent reported in August and mark the second consecutive quarter of an upward revision…

GAO: FAA Faces Commercial Space Launch Oversight Challenges

A Government Accountability Office report has identified multiple challenges faced by the Federal Aviation Administration in regulating commercial space launch activities as the industry expands. GAO said Monday that FAA saw an increase in the agency’s workloads related to its permit process for space tourism, launching of small satellites and NASA-run commercial cargo and crew transportation programs…

Northrop Wins Air Force R&D Contract for Staring Infrared Search & Track Tool

Northrop Grumman’s electronic systems sector has received a potential four-year, $8.5 million contract to perform research and development work for the U.S. Air Force’s Advanced Staring Infrared Search and Track Technologies program…