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Aerospace and defense companies in Colorado Springs received good news from President Obama’s 2012 budget this week, but it wasn’t so kind to NASA. First the good news: Major rocket and satellite programs got a boost. And additional funding for space programs — including maintenance, research and development — means big money for aerospace companies… Continue Reading Obama budget favors rockets, satellites, but not NASA

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While Congress delays, defense contractors fret

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It’s four months into the fiscal year, and Congress has not passed the defense budget. That inaction has CEOs of the major defense companies, many of which have offices and employees in Colorado Springs, a little nervous. The Department of Defense is operating at 2010 budget levels, which bans starting new programs and limits production… Continue Reading While Congress delays, defense contractors fret

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The board of directors for the National Museum of World War II Aviation has almost everything it needs: the land, some exhibits, an educational plan and concept drawings. Airplanes ready to go on display, and steel has been acquired to build a hangar that will serve as an education building. All it needs now is… Continue Reading World War II aviation museum nearly ready for takeoff

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The aerospace industry posted more than $216 billion in sales in 2010, a 20 percent increase above 2009. The figure is still down from the record highs in 2007, but industry experts are hopeful the increase marks the end of recent declines in orders. “Aerospace has produced solid results, leading all manufacturers in trade surplus,”… Continue Reading Aerospace industry posts sales figure of $216 billion

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Cadets at the Air Force Academy launched their latest cadet-built satellite from the Kodiak Launch Complex in Alaska last week. It took four years to make the launch happen, and the cadets are responsible for designing, building, integrating, testing and repairing the satellite, said Col. Marty France, head of the department of astronautics at the… Continue Reading Academy cadets launch weather satellite into orbit

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The Missile Defense Integration and Operations Center at Schriever Air Force Base isn’t going anywhere. That’s the word received by Sen. Mark Udall’s office after Udall, Rep. Doug Lamborn and Rep. John Salazar sent letters to the Department of Defense to keep the post in Colorado. Lt. Gen. Patrick O’Reilly had indicated he would like… Continue Reading Missile Defense Integration Center staying at Schriever

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Colorado will get at least a share of the business from the Mars probe. Continue Reading CU Boulder scientists to help in Mars probe launch

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National Symposium on Homeland Security agenda

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The Colorado Springs Business Journal will be covering the National Symposium on Homeland Security Oct. 27-29 at The Broadmoor. Amy Gillentine will live-blog and twitter reports over the course three-day event, which includes a keynote speech by Janet Napolitano, secretary of homeland security for the U.S. government. The schedule: Wednesday, Oct. 27 1 p.m. –… Continue Reading National Symposium on Homeland Security agenda

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NASA’s future is uncertain no more. After more than a year, Congress passed the NASA authorization bill last week, much to the relief of many of the region’s aerospace companies and their employees. “America’s civil space program has been in costly and divisive turmoil since Congress received the president’s budget proposal,” said Space Foundation Chief… Continue Reading NASA gets boost as Senate passes authorization bill

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New Department of Defense contracting guidelines seek to cut department costs while maintaining profit for defense companies. But can both be done at the same time? The guidelines are supposed to improve management, while giving defense companies incentives to lower production costs. The idea is to cut unnecessary expenses, say DoD officials. “With incentives, profitability… Continue Reading DoD seeks to cut costs without affecting contractors

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