Aerojet Chairman Sues CEO Over Control of Rocket-Engine Maker’s Board, Blooomberg “Aerojet Rocketdyne Inc.’s chairman and three directors asked a judge to block the CEO and her allies on the board from using company resources in a fight for control of the rocket-engine maker. A lawsuit unsealed Friday revealed long-simmering tensions between Chairman Warren Lichtenstein and Chief Executive Officer Eileen Drake who are at the heart of a proxy battle […]
Aerojet Rocketdyne to be Acquired by Lockheed Martin in $5.0 Billion All-Cash Transaction, Aerojet Rocketdyne “We are pleased to bring together our complementary companies in a transformative transaction that will provide premium cash value for our shareholders and tremendous benefits for our employees, customers and partners,” said Eileen P. Drake, CEO and President of Aerojet Rocketdyne. “Joining Lockheed Martin is a testament to the world-class organization and team we’ve built […]
NASA OIG: NASA’s Management of the Orion Multi-Purpose Crew Vehicle Program “We found that NASA’s exclusion of more than $17 billion in Orion?related costs has hindered the overall transparency of the vehicle’s complete costs. Both federal law and NASA policy call for a Life Cycle Cost estimate for all major science and space programs costing more than $250 million, and for the Agency Baseline Commitment (ABC) to be based on […]
Do some research before you tweet @LockheedMartin – The @SpaceX Dragon 2 PICA-X heat shield is designed to withstand Earth re-entry velocities from the Moon and Mars. https://t.co/ONTfngZlQr — NASA Watch (@NASAWatch) July 7, 2020 Really @LockheedMartin – you are the only ones with computers in your spaceships? What do the @SpaceX Dragon and the @BoeingSpace #Starliner use? Use slide rules and relays? https://t.co/WzdLTndK4f — NASA Watch (@NASAWatch) July 7, […]
The right tool to go to the moon, op ed, Tony Antonelli (Lockheed Martin), Politico “Contrary to the iconic scene from “Apollo 13,” we don’t aspire to dumping a box of parts on a table and trying to make it work. Let’s take the Dragon. You could add more backup computers, strings of communications, the ability to fly for days after loss of air pressure, and the ability to navigate […]
Keith’s note: I got this note from a Lockheed Martin employee last night: “Keith: I have been an avid reader of NASAWatch since the 1990’s (RIFwatch times) and I saw the post on Lockheed Martin’s response to the COVID-19 pandemic. There was a large Lockheed Martin team working last week and this past weekend with local hospitals in Denver to help make items to replace PPE (Personal Protective Equipment) that […]
Boeing Statement on Passage of CARES Act “Boeing’s top priority is to protect our workforce and support our extensive supply chain, and the CARES Act will help provide adequate measures to help address the pandemic. We have also taken a number of measures for affordability and liquidity as we navigate the challenges our industry currently faces, including forgoing pay for our CEO and board chairman, suspending our dividend until further […]
NASA Awards Lockheed Martin Contract for Six Orion Spacecraft, Lockheed Martin “NASA and Lockheed Martin have finalized a contract for the production and operations of six Orion spacecraft missions and the ability to order up to 12 in total. Orion is NASA’s deep space exploration spaceship that will carry astronauts from Earth to the Moon and bring them safely home. Lockheed Martin has been the prime contractor during the development […]
HASC Chairman Smith Earmarks $500M Giveaway For SpaceX, Potentially Aborting Air Force Space Plans, Loren Thompson, Forbes Keith’s note: First Thompson goes on a rant against SpaceX: “Smith’s proposed language is Washington politics at its worst. According to the Air Force, if it becomes law U.S. access to critical national security orbits will be endangered, the military will need to rely longer on Russian rocket engines, and the cost of […]
FYI @BoeingSpace Saturn V contracts awarded 1961/62. First flight Nov 1967. Moon landing Jul 1969. 13 flights between 69-73. Maybe you can compare this to @NASA_SLS progress in your #PoliticoSpace PR thing. Not bad for "rickety metal buckets", eh @BKingDC ? pic.twitter.com/Eo1LbURX6s — NASA Watch (@NASAWatch) October 12, 2018 Inspector General Attack On NASA Super-Rocket Marred By Mistakes, Omissions, Loren Thompson, Lexington Institute “I have read the audit through twice […]
