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Aerospace & Defense News - Space.

New York (AirGuideBusiness - Space News) Apr 4, 2010

European Space Agency The UK has launched its first central agency to fund civil spaceflight activities and represent the country on international bodies and within the European Space Agency. With an annual budget of GBP230 million (USD343 million), the UK Space Agency replaces the British National Space Centre and the Ministry of Defence as manager of UK interests in the European Union's Satellite Centre. Mar 30, 2010

NASA NASA continues Constellation work according to fiscal 2010 budget. Top NASA managers say they are in the tough position of preparing for a White House-ordered shift to commercial human flights for the Constellation program and long-term exploration technology development -- while trying to comply with a congressional directive that none of the funds appropriated in fiscal 2010 be used to cancel or modify Constellation contracts without lawmakers' approval. Work on the Ares I Crew launch vehicle and Orion crew exploration vehicle continue, while companies also forge ahead on alternatives to the Constellation alternatives. Mar 31, 2010

NASA President Barack Obama's proposal to end NASA's Constellation program has left much uncertainty in Cape Canaveral, Fla., and plenty of projects with questionable futures. Among them is the USD500 million, 355-foot, steel mobile launch tower, which was built for the Ares 1 rocket that now may never be built. Mar 30, 2010

NASA Projects left in limbo amid plans to cancel NASA shuttle program. President Barack Obama's proposal to end NASA's Constellation program has left much uncertainty in Cape Canaveral, Fla., and plenty of projects with questionable futures. Among them is the $500 million, 355-foot, steel mobile launch tower, which was built for the Ares 1 rocket that now may never be built. Mar 30, 2010

Ruag Space and defence businesses helped Swiss technology group Ruag boost 2009 revenue by 10.5 percent to SFr1.7 billion (USD1.59 billion). Earnings before interest and taxes dipped by a fifth to SFr45 million, though the risky market outlook and key programme delays impacting its aviation technology business prompted a SFr160 million special impairment charge on its aerostructures division, pulling the company to a net earnings before interest and tax loss of SFr107 million. Mar 30, 2010

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Publication:AirGuide Business
Date:Apr 5, 2010
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