Pentagon space arm awards $1.5 billion contract to Lockheed Martin and Northrop Grumman for communications satellites

[ad_1] An artist illustration shows the functions of SDA’s satellite constellation. Space Development Agency The Pentagon’s Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and…

ULA CEO says Vulcan rocket will still fly this year after engine explosion, as launch competition heats up

[ad_1] The Vulcan rocket for the Cert-1 mission stands at SLC-41 during testing in Cape Canaveral, Florida, May 12, 2023. United Launch Alliance United Launch Alliance still plans to fly…

Investing in Space: Bankers and insiders say M&A action is heating up

[ad_1] A sale pending sign is posted in front of home for sale in Greenbrae, California. Justin Sullivan | Getty Images CNBC’s Investing in Space newsletter offers a view into the…

Space Force chief says U.S. is facing a ‘new era’ of threats beyond Earth

[ad_1] US Space Force General B. Chance Saltzman, Chief of Space Operations, testifies about the Fiscal Year 2024 Budget request during a Senate Armed Services Subcommittee on Strategic Forces hearing…

A deadline looms for rules governing deep-sea mining, but a rushed decision may be risky

[ad_1] These three vessels, owned by The Metals Company’s strategic partner Allseas, are seen here performing a pilot nodule collection system trial and environmental monitoring program for The Metals Company.…

Space Force is taking a ‘mutual fund approach’ to buying rocket launches

[ad_1] The headquarters of Space Systems Command in Los Angeles, California. U.S. Space Force / Jose Lou Hernandez The U.S. military is preparing to buy another round of rocket launches…

Credit Suisse upgrades Lockheed Martin, says earnings growth is poised to accelerate

[ad_1] Lockheed Martin can return to growth this year as the outlook for the defense sector strengthens, providing a “meaningful” opportunity for earnings to surprise to the upside, according to…

Jim Cramer picks his standout stocks in 4 bull market industries

[ad_1] CNBC’s Jim Cramer on Wednesday offered investors a list of bull markets he’s identified as companies report quarterly financial results. “Now that we are already one-fifth of the way…

Stocks making the biggest moves premarket: Bed Bath & Beyond, Verizon, Lululemon and more

[ad_1] A pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines before the bell. Verizon…

Cramer’s lightning round: I like ABM Industries

[ad_1] Dow Inc: “I want you to hold on. … Keep it at a 5% yield, buy some more if it goes 5.5%.” ABM Industries Inc: “Talk about a boring…