Pentagon awards satellite contracts to L3Harris, Lockheed, Sierra Space

Pentagon awards satellite contracts to L3Harris, Lockheed, Sierra Space

Lockheed Martin’s Tranche 0 Transport Layer satellites are seen in one of the company’s processing facilities. Lockheed Martin The Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin, and Sierra Space to build satellites for an expanding military system. The U.S. Space Force’s Space Development Agency is having the … Read more

NASA delays crewed Artemis moon missions

NASA delays crewed Artemis moon missions

The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship … Read more

SpaceX value climbs to $180 billion, higher than Boeing, Verizon

SpaceX value climbs to 0 billion, higher than Boeing, Verizon

SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023.  Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday. The company is discussing … Read more

War is a good time for investors to load up on defense stock

War is a good time for investors to load up on defense stock

A US Air Force (USAF) Lockheed Martin F-35A Lightning II all-weather stealth multirole combat aircraft flies over during the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport in Dubai on November 13, 2023.  Giuseppe Cacace | Afp | Getty Images In times of war, investors’ thoughts naturally may turn to defense stocks. … Read more