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Space report: Global revenue $314.7 billion

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

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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Space Symposium brings space corporations together

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 Space Symposium brings space corporations together

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Time for city to realize aerospace’s value

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We think we know everything that’s going on around us. We think we fully understand the details, the priorities and the needs of our military and its related high-tech presence. Whether we are business leaders, elected officials or media observers, we try to keep up, try to pay close attention, and most of us feel… Continue Reading Time for city to realize aerospace’s value

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Boecore wins top supplier award

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Local business Boecore Inc was awarded a top supplier award from Northrop Grumman’s $10 billion information systems sector. It’s the fourth time Boecore has won the award. Boecore was recognized this week for its technical capabilities, employees and quality. The award is used to recognize the top 25 suppliers from more than 6,000 companies who… Continue Reading Boecore wins top supplier award

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Northrop Grumman funds space education center

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Northrop Grumman Corp. is donating $375,000 to create a science center and teaching lab at the Space Foundation’s Colorado Springs headquarters. Continue Reading Northrop Grumman funds space education center

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Northrop Grumman 4Q profit falls, lowers outlook

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Defense contractor Northrop Grumman says its fourth-quarter profit fell 9 percent because of one-time costs and lower revenue at three of its biggest segments. It also lowered its outlook for the year. The Los Angeles company earned $376 million, or $1.27 per share, compared with $413 million, or $1.31 per share, in the same quarter… Continue Reading Northrop Grumman 4Q profit falls, lowers outlook

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The Pentagon is closely watching Northrop Grumman’s proposed sale of its shipping business. The company is one of two shipbuilders for the Navy, and Pentagon officials are concerned that a sale would concentrate the nation’s military ship building in the hands of a single contractor, General Dynamics. Northrop is closing its Louisiana shipyard by 2013… Continue Reading Pentagon eyeing Northrop Grumman shipyard sale

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Northrop Grumman wins space exploration award

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The Lunar Crater Sensing and Observation Satellite – based on technology developed by Northrop Grumman in collaboration with NASA’s Ames Research Center and United Alliance Launch -has been awarded this year’s Space Foundation John L. “Jack” Swigert Award for Space Exploration. The program confirmed the presence of water ice on the moon and was a key… Continue Reading Northrop Grumman wins space exploration award

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