WASHINGTON: Watch the skies. While they’re far from falling, the head of Air Force Space Command said today, the heavens aren’t the “peaceful sanctuary” they once were, either. Nothing short of a nuclear missile could pull the plug on a satellite constellation as robust as the Global Positioning System (GPS), Gen. William Shelton said, semi-reassuringly.…
By Sydney J. Freedberg Jr.[UPDATED with SpaceX comment] WASHINGTON: For the first time in a decade, the Air Force has opened its primary space launch program to competition. That’s something startup rocket company SpaceX and Congress have pushed for vigorously. It’s also a long-anticipated blow for the United Space Alliance — formed by Boeing and Lockheed Martin – which has…
By Sydney J. Freedberg Jr.CAPITOL HILL: This morning’s Senate subcommittee mark-up of the annual defense spending bill meant good news and extra money for a host of interests, from upstart rocket-maker SpaceX to the giant Boeing company. On the bitterly contentious issue of the Army National Guard’s endangered Apache helicopter fleet, however, the Senate defense appropriations subcommittee put down a…
By Sydney J. Freedberg Jr.WASHINGTON: The People’s Liberation Army has practiced jamming GPS signals, according to a Pentagon report today. The Chinese are testing those and other electronic warfare weapons and they have “proven effective.” China plans to launch 100 satellites through 2015, including “imaging, remote sensing, navigation, communication, and scientific satellites, as well as manned spacecraft,” says a…
By Colin ClarkWASHINGTON: For more than a decade, the US military has fumbled and groped and stumbled and, gradually, figured out ways to buy a mix of commercial satellite communications and dedicated military satellites so it could communicate and watch video from Predator, Global Hawk, and Reaper drones in theaters where military bandwidth was precious. For much…
By Colin ClarkCOLORADO SPRINGS: SpaceX does not look likely to get what it most wants from Capitol Hill in its battle against the United Launch Alliance and the Air Force: more launches sooner. Support for competition between the two companies remains vibrant, with Sen. Carl Levin, chairman of the Senate Armed Services Committee, and Jim Clapper, director…
By Colin Clark and Sydney J. Freedberg Jr.COLORADO SPRINGS: The intelligence community is on the verge of “revolutionary” technical advances. Spy satellites and other systems will be able to watch a place or a person for long periods of time and warn intelligence analysts and operatives when target changes its behavior. Satellites and their sensors could be redirected automatically to ensure nothing is missed. “We will…
By Colin ClarkCOLORADO SPRINGS: Australia, Britain, Canada and United States have signed a symbolically important Memorandum of Understanding committing them to “a partnership on combined space operations.” As is often the case with such international agreements — especially on such a highly sensitive area as space operations — figuring out what it means and how things may…
By Colin ClarkCOLORADO SPRING: Message to Elon Musk of SpaceX: the head of Air Force Space Command is not really happy with you, and he personally supports development of a new rocket engine that would mean the United States did not have to depend on the Russians’ RD-180 rocket engine. I asked Gen. Willie Shelton, who will…
By Colin ClarkCOLORADO SPRINGS: After more than a month during which upstart rocket company SpaceX defined the debate about how much America should pay to launch big satellites into space, the Boeing-Lockheed United Launch Alliance crawled out from under its own rock and let fly. Feisty CEO Michael Gass sat opposite a phalanx of defense and space…
By Colin ClarkWASHINGTON: It is shaping up as one of the great corporate brawls in the aerospace world: snappy and feisty and hungry newcomer, SpaceX, versus the titan of heavy launch, the near-perfect expression of big corporatism, the Boeing-Lockheed Martin United Launch Alliance. The focus of their competition is obscure to most Americans: the purchase by the…
By Colin ClarkWASHINGTON: When you’re a disruptive company owned by a disruptive personality you tend to do things that disrupt your industry, and SpaceX and Elon Musk must be the most publicly disruptive pairing in America right now. Now he’s filing a protest against what is potentially his biggest customer, the US Air Force, for giving the business…
By Colin ClarkWASHINGTON: The most expensive conventional weapons program in history just scored a major win, with the F-35 program’s estimated acquisition costs plunging $11.5 billion. This is no program estimate that critics might savage. This comes from the Government Accountability Office’s definitive annual Assessment of Selected Weapons Report. The GAO did not mince words in identifying…
By Colin Clark
Reaping the Benefits of a Global Defense Industry
After three years of the “age of austerity” in Western military spending, investors’ imperatives and corporate strategies show one indication of how the defense-industrial base will evolve over the next decade. Investors want public companies that demonstrate an attractive risk-adjusted total return, not just M&A-fueled arbitrage plays. In response, companies are husbanding or harvesting their financial…
By Steven Grundman