Latest Space Stocks News

Honeywell's UOP Technology Selected to Clean Offshore Natural Gas in the United Kingdom

[PR Newswire] - JAKARTA, Aug. 22, 2014 /PRNewswire/ -- UOP LLC, a Honeywell (HON) company, announced today that it has been selected by BW Offshore to remove contaminants from natural gas aboard a new Floating Production, Storage and Offloading (FPSO) vessel off the coast ofScotland. The vessel, which will be leased to Premier Oil, will include a UOP SeparexTM Membrane System to remove carbon dioxide. While the technology has been successfully used elsewhere, this will be the first FPSO in the North Sea to use a membrane-based treatment system.

an hour ago

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U.S. F-16 grounding a sign of strains on aging 'Cold War' jet fleet

[Reuters] - The continued grounding of 82 Lockheed Martin Corp F-16 fighter jets due to cracks in structures between the front and rear pilot seats reveals strains facing the aging fleet of Cold War-era fighter jets and underscores the U.S. Air Force's need for new equipment, analysts said. The Air Force this week said it had ordered immediate inspections of all 157 of its F-16 two-seat D-model jets after discovering cracks during inspections conducted after flights, but later allowed 75 of the jets to resume flying. When you fly at supersonic speeds and get multiples of normal gravity ... it's inevitable that the equipment is going to wear out," said Loren Thompson, chief operating officer of the Virginia-based Lexington Institute.

4 hours ago

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Macquarie Infrastructure Company Announces Sale of District Energy Business

[Business Wire] - Macquarie Infrastructure Company announced that it has completed the previously disclosed sale of its district energy business, Thermal Chicago, to an entity managed by Brookfield Infrastructure Group for $270 million.

5 hours ago

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LMI Aerospace Hits Milestone - Celebrates 2,000th Crew Floor

[PR Newswire] - ST. LOUIS, Aug. 21, 2014 /PRNewswire/ -- LMI Aerospace, Inc. (Nasdaq: LMIA), announces the completion of their 2000 th Cockpit Crew Floor for the Boeing 737. The Crew Floor shipped August 19 to longtime ...

5 hours ago

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Exclusive: Lockheed, suppliers brainstorm how to lower F-35 operating costs

[Reuters] - Lockheed Martin Corp met with 90 key suppliers last week to brainstorm ways to lower the long-term cost of operating and maintaining the F-35 fighter jets from the Pentagon's current forecast of $1.02 trillion through 2065. Top officials from the Pentagon's Defense Contracts Management Agency and the Defense Contracts Audit Agency were also on hand during two days of talks in Fort Worth, Texas. Tom Owen, vice president of F-35 sustainment strategies for Lockheed, told Reuters the meeting was "an initial, early step" toward mapping out specific measures to cut the plane's hefty sustainment costs. The trillion-dollar so-called "sustainment" price tag for the Joint Strike Fighter, the Pentagon's costliest weapons program, comes on top of the $399 billion projected cost of developing and buying 2,457 jets for the U.S.

5 hours ago

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Flappy Bird creator's new game shoots up charts

[at CNBC] - The Vietnamese developer behind the viral hit has a new hit game in stores-and it might be even more addictive than his first.

7 hours ago

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Keep on Rockin’: C-130J Ferries to Little Rock AFB

[at noodls] - ... This is an abstract of the original noodl. To continue reading this document, click here for the original version.

7 hours ago

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Astronics Announces 20% Class B Stock Distribution

[GlobeNewswire] - EAST AURORA, N.Y. -- Astronics Corporation , a leading provider of advanced technologies for the global aerospace and defense industries, announced a 20% stock distribution of Class B Stock to holders ...

7 hours ago

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SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against L-3 Communications Holdings, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of September 30, 2014 -- LLL

[GlobeNewswire] - NEW YORK -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased L-3 ...

8 hours ago

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Re/code's Kara Swisher Discusses Apple's iPhone 6, Google, The NSA And More

[Benzinga] - Re/code Co-Executive Editor Kara Swisher joined Benzinga's #PreMarket Prep this week for an in-depth interview on Groupon (NASDAQ: GRPN ), Google (NASDAQ: GOOG ), the iPhone 6 and more. The Next iPhone ...

9 hours ago

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Facebook's Three Hurdles in Mobile Advertising

[at TheStreet] - Given mobile is such an interwoven arc of Facebook's growth narrative, there are some challenges Facebook needs to overcome.

9 hours ago

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Verizon to Boost Data Services with New Mobile App Store

[Zacks] - erizon Communications Inc. (VZ) is planning to launch a mobile software store.

10 hours ago

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