News

The Washington-based National Academies of Sciences, Engineering and Medicine has secured a potential five-year, $34 million contract from NASA to conduct studies within the domain of the space agency’s science and technology programs. NASA said Saturday the Space Studies Board indefinite-delivery/indefinite-quantity contract covers research designed to address various questions regarding space science, Earth science, biological and physical […] More

Vector Space Systems has secured $1.25 million in a seed funding round headed by Space Angels Network to support Vector’s development of commercial launch vehicles for low-Earth orbit microsatellites. Space Angels Network offers an online investment platform designed to help accredited investors finance aerospace companies through managed funds, Vector said Friday. Vector co-founder and CEO Jim Cantrell said the […] More

AquaHarmonics has won a $1.5 million grand prize in the Energy Department‘s design-build-test competition that aims to support the development of wave energy converters. DoE said Wednesday CalWave Power Technologies and Waveswing America will receive $500,000 and $250,000 in respective cash prizes as second and third place winners of the Wave Energy Prize. “This competition set a difficult threshold […] More

Raytheon looks to add up to 2,000 positions over the next five years through an expansion of the defense company’s missile systems business headquarters in Tucson, Arizona. Raytheon said Friday it will hire workers at all skill levels to serve in engineering and higher-wage technical roles. Taylor Lawrence, president of Raytheon’s missile systems unit, said that several Arizona-based organizations will help the company meet workforce and infrastructure needs to […] More

The Defense Advanced Research Projects Agency and the U.S. Navy‘s Office of Naval Research aim to commence ground-based and at-sea flight tests of a Northrop Grumman-built prototype unmanned air system in 2018 as part of the Tactically Exploited Reconnaissance Node program. DARPA said Thursday its joint Tern project with ONR seeks to utilize forward-deployed small-deck ships such as destroyers and frigates as mobile launch […] More

A new report by Deloitte says aerospace and defense firms that modified their business models and strategies based on changing market conditions outperformed by sevenfold those that did not make any adjustments to their strategies. The finding is based on an analysis of performance of 100 largest firms in the aerospace and defense sector in the last […] More