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Business briefs: July 30
Posted: Wed, Jul 31, 2002, 8:02 AM ET (1202 GMT)
  • Standard and Poors announced Tuesday that it has cut its rating on Orbital Sciences Corporation because of debt concerns. S&P lowered its credit rating on Orbital from B to CCC+, citing $100 million in debt with payment due in October. "Liquidity is likely adequate for day-to-day operations, but is not sufficient to make the debt payment in October," S&P noted in a release. It also lowered the rating on the debt itself from CCC+ to CCC-.
  • The launch of a European communications satellite on a Proton has been delayed to November, Space News reported Tuesday. Astra 1-K, an Alcatel Spacebus 3000 spacecraft, was to be launched in August on a Proton from Baikonur. Additional tests of several unspecified satellite components were blamed for the delay.
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news in brief
Russia plans to resume crewed Soyuz launches in December
Posted: Sun, Nov 4 9:00 AM ET (1400 GMT)

China launches Beidou satellite
Posted: Sun, Nov 4 8:59 AM ET (1359 GMT)

Dawn mission declared over
Posted: Sun, Nov 4 8:58 AM ET (1358 GMT)

news links
Thursday, November 15
ULA demos Vulcan Centaur rocket assembly, shows new welders
WAAY-TV Huntsville, AL — 5:37 am ET (1037 GMT)
1st Daytime Florida Launch in Months to Bring Heavy Crowds
Spectrum News — 5:35 am ET (1035 GMT)
Humans need Mars as a 'plan B' to avoid extinction, says physicist Michio Kaku
Australian Broadcasting Corporation — 5:31 am ET (1031 GMT)


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