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


Commercial space business "not healthy", says executive
Posted: Tue, Feb 6, 2001, 5:26 PM ET (2226 GMT)
Overproduction of spacecraft and launch vehicles is hurting the commercial space industry and may lead to consolidation on a global scale, one executive warned Tuesday. Albert Smith, vice president of space systems for Lockheed Martin, told attendees of an FAA conference in Washington that development of new launchers and an overall decline in demand has led to an overcapacity in the commercial satellite and launch vehicle business of at least 40%. This overcapacity, in turn, creates pressure to lower prices that leads to "profitability concerns" that are hurting aerospace companies: Smith noted that the combined market cap of Boeing, Lockheed Martin, and Raytheon is considerably less than home improvement retailer Home Depot. Smith argued for an increased commitment by NASA to develop new technologies that lower the cost and increase the reliability of space access, suggesting that the agency "place its bets" on a few key technologies, rather than spread its limited funds too thinly on a wider range or programs.
news in brief
Kepler goes into safe mode as fuel runs low
Posted: Sun, Jul 8 9:43 AM ET (1343 GMT)

Inmarsat rejets EcoStar takeover bid
Posted: Sun, Jul 8 9:42 AM ET (1342 GMT)

Shuttle-era engine tested for DARPA spaceplane
Posted: Sun, Jul 8 9:41 AM ET (1341 GMT)

news links
Saturday, August 18
Get an Inside Look at SpaceX's Astronaut Training Sims
Wired News — 8:52 am ET (1252 GMT)
Space Force, Done Right, Will Move U.S. Ahead
The Heritage Foundation — 8:50 am ET (1250 GMT)
National Academies: NASA needs a plan for Mars
The Planetary Society — 8:50 am ET (1250 GMT)


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