Word: contracting
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...Shuttle Successor Orion set to blast off by 2014 NASA has awarded Lockheed a multibillion-dollar contract to build the next manned space vehicle. Orion's design is winning praise, but skeptics wonder if future Administrations will fund...
...prepared to write and extend additional coverage in some states? We are not. Not until there's much more clarity around whether those states are going to honor the insurance contract...
...long, long time in coming, but NASA?s manned space program finally got one right. Thursday's announcement that the contract for the next-generation crew exploration vehicle - now dubbed Orion - had been awarded to Lockheed Martin was the right spacecraft to the right company at the right time...
...Lockheed Martin was a good choice for a few reasons. First of all, a NASA contract can be the sweetest of government plums. The projects can go on for decades (look at the 30-year shuttle program) and cost overruns are usually tolerated and even expected. That may not do the federal deficit any favors, but a company that can score a $2 billion deal and know full well that it may turn into $3 billion by the end of the contract term is a company with a lot of happy shareholders. Lockheed Martin has not shared much...
...What?s more, Boeing, which had been considered the front-runner for the new contract, has hardly distinguished itself in space of late. It is the prime contractor for the incomplete and largely useless International Space Station, a project that was originally envisioned as a lean, $8 billion operation and is now projected to cost a cool $100 billion. That?s by no means all Boeing?s fault, but nor is it to the company?s credit...