spacetoday.net: space news from around the webin association with SpaceNews


News briefs: November 6
Posted: Wed, Nov 7, 2001, 8:05 AM ET (1305 GMT)
  • Lockheed Martin announced Tuesday that it will take a $420 million writeoff in the fourth quarter to cover its investment in troubled broadband satellite venture Astrolink. The company said last week that it will not provide additional funding for the venture, raising concerns that Astrolink may soon shut down. Heightening those concerns was a report by ViaSat that Astrolink had terminated two contracts for satellite components. Lockheed Martin said the writeoff will be offset by accounting changes.
  • The National Imagery and Mapping Agency renewed Tuesday a monthly contract with Space Imaging, giving NIMA exclusive access to images of the Afghanistan region taken by Space Imaging's Ikonos spacecraft. The renewal, good through December 5, is valued at $1.91 million. NIMA reached a deal with Space Imaging last month in part to keep Ikonos' high-resolution images from being purchased by the news media or other interested parties.
<<previous article   next article>>
news in brief
Union accepts contract to end ULA strike
Posted: Sun, May 20 1:41 PM ET (1741 GMT)

Contamination found in SLS core stage tubing
Posted: Sun, May 20 1:40 PM ET (1740 GMT)

Appropriators pass NASA spending bill that funds WFIRST
Posted: Sun, May 20 1:39 PM ET (1739 GMT)

news links
Friday, May 25
Rocket Lab's Hawke's Bay launch site to expand launch options
New Zealand Herald — 7:20 am ET (1120 GMT)
Trump orders deregulation to boost commercial space companies
Washington Times — 7:10 am ET (1110 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list