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Vectrus: Instant major player

Vectrus: Instant major player

There’s a new defense contractor in town — one with history in Colorado Springs and potential to be the region’s most-profitable publicly traded company. Virginia-based defense contractor Exelis Inc. officially completed the spinoff of its Mission Systems government services division at midnight Friday, Sept. 26, creating Vectrus Inc. President and CEO Kenneth Hunzeker estimates that… Continue Reading Vectrus: Instant major player

Exelis completes spin-off of Vectrus company

Defense contractor Exelis Inc. officially completed a spin-off at midnight Friday of its mission systems division, creating a company it claims will be the most profitable publicly traded business in Colorado Springs. The Colorado Springs-based spin-off became Vectrus Inc. — a combination of the words “vector” and “trust” — at 12:01 a.m. Saturday and hit the… Continue Reading Exelis completes spin-off of Vectrus company

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AFA awards $110 million in support service contracts

The U.S. Air Force Academy awarded an Alaska-based contractor with more than $110 million in contracts to provide various support services. The Academy announced Thursday that Aleut Facilities Support Services LLC of Anchorage had won the two five-year contracts. Both contracts were set aside for small businesses, according to a news release. The first contract,… Continue Reading AFA awards $110 million in support service contracts

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Space Foundation accepting lifetime achievement nominees

The Colorado Springs-based Space Foundation announced Monday that it is now accepting nominations for its highest honor, an annual lifetime achievement award. The General James E. Hill Lifetime Space Achievement Award “recognizes outstanding individuals who have distinguished themselves through lifetime contributions to humankind through exploration, development and use of space, or through use of space… Continue Reading Space Foundation accepting lifetime achievement nominees

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Initial phase of Tierra Vista complete at local AFBs

Lend Lease Public Partnerships announced Wednesday that it has completed the initial development phase of its Tierra Vista Communities, located at Peterson and Schriever Air Force Bases in Colorado Springs. The $316-million on-base military housing project has created homes for more than 860 airmen and their families and also includes projects at Los Angeles Air Force… Continue Reading Initial phase of Tierra Vista complete at local AFBs

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Symposium offers forum for export policies

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Symposium offers forum for export policies

In the first public discussion of new federal satellite export policies, industry experts and government officials expressed optimism about the long-awaited reforms and their potential impact on the space-based economy. The Satellite Export Controls Workshop took place Monday afternoon at The Broadmoor during the 30th annual Space Symposium, addressing the revised rules of the 1999… Continue Reading Symposium offers forum for export policies

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The Space Symposium’s opening ceremony Monday night was coupled with the release of the Space Foundation’s “Space Report 2014: The Authoritative Guide to Global Space Activity.” Compiled from research by public and private entities, the report provides an analysis of positive trends. According to the report, the global space economy grew during 2013 to revenues… Continue Reading Space report: Global revenue $314.7 billion

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Three decades later…Space Symposium maintains its prominent status among the industry’s biggest events

With an estimated $30 million impact on the local economy, the 30th annual Space Symposium is the largest event of its kind — both in Colorado Springs and across the aerospace universe. “This is the place to go — it is the event in the industry,” said Andy Merritt, chief defense industry officer for the… Continue Reading Three decades later…Space Symposium maintains its prominent status among the industry’s biggest events

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Symposium offers forum for export policies

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In the first public discussion of new federal satellite export policies, industry experts and government officials expressed optimism about the long-awaited reforms and their potential impact on the space-based economy. The Satellite Export Controls Workshop took place Monday afternoon at The Broadmoor during the 30th annual Space Symposium, addressing the revised rules of the 1999… Continue Reading Symposium offers forum for export policies

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TechWise awarded its biggest DoD contract

Colorado Springs-based defense contractor TechWise has been named prime contractor for support base services at Joint Base Lewis-McChord in Fort Lewis, Washington. “TechWise looks forward to the new challenges and opportunities to serve the U.S. Armed Forces at Joint Base Lewis-McChord,” President and CEO Shawnee Huckstep said in a recent TechWise news release. The contract, which… Continue Reading TechWise awarded its biggest DoD contract

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