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News briefs: November 17-18
Posted: Mon, Nov 19, 2001, 11:18 AM ET (1618 GMT)
  • Lockheed Martin and TRW will share a $2.7 billion contract for a next-generation military communications satellite after Boeing dropped out of the partnership late Friday. Boeing announced that the technical and financial risks it was being asked to take as part of the partnership were "disproportionate" to its role in the program. The contract calls for Lockheed and TRW to build two Advanced Extremely High Frequency (EHF) satellites that would be resistant to jamming attempts. The first satellite is scheduled for launch in 2006.
  • A contract designed to save costs on space communications systems may end up costing NASA $500 million that may be taken from future space science missions, Florida Today reported Sunday. The Combined Space Operations Contract (CSOC) was designed to save NASA $1.4 billion over 10 years by privatizing space operations, but recent investigations have shown that those savings will not materialize. Any cost overruns caused by CSOC may mean delaying or canceling some future missions, such as future Mars missions.
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news links
Tuesday, January 20
Gilmour Space’s mega-raising turns rocket maker into unicorn
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