WASHINGTON: The hearing season is roaring ahead at full tilt, with senior officials at five defense hearings on Wednesday. Here’s our preview of some of the likely topics and issues. The most interesting to Breaking Defense readers probably will be the unique pairing of the four Army and Air Force leaders before the full Senate…
By Colin ClarkWASHINGTON: SpaceX appears to have succeeded in cracking open the EELV program a bit in return for dropping its suit in the Court of Federal Claims against the Air Force. The agreement was announced by the Air Force and SpaceX after the stock market closed this afternoon. “The Air Force and SpaceX have reached agreement on a path forward…
By Colin ClarkWASHINGTON: When the Air Force issued a Request for Information about an engine to replace the RD-180 it began to look as if they were serious about committing to build the first new rocket engine in decades. But we also received two new RD-180 engines from Russia the same day as the RFI went out, the United…
By Colin Clark[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.WASHINGTON: 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 ClarkCAPITOL HILL: The Pentagon’s top space officials told Congress today they have launched a study to ascertain if the United States can build its own rocket engines so expensive and large spy and GPS satellites don’t have to be launched using Russian rocket engines, as they are now. Gen. William Shelton, head of Air Force Space…
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 ClarkOSD recently appointed a new acting deputy assistant Secretary of Defense for space policy, and, assuming he keeps the job beyond January, he (or his replacement) might consider shifting his attention to some of the very difficult challenges facing space programs in the Defense Department. First among those would be efforts to build military space…
By Bob ButterworthThere’s a lot going on in the U.S. Air Force, but for the Senators at this morning’s Appropriations subcommittee hearing on the USAF budget, just one mattered: How budget cuts would impact their home states. While such parochialism is as shocking as gambling in Casablanca, it raises a red flag for the full-scale Base Realignment…
By Sydney J. Freedberg Jr.We hope professional staff at the House Armed Services Committee, as well as their colleagues on SASC, HAC-D and SAC-D, will read this commentary by the respected space and intelligence expert, Bob Butterworth, before Thursday’s HASC hearing on national security space. I spent much of my five years at Space News covering the enormous problems…
By Bob Butterworth
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