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U.S. markets recover from steep losses
WASHINGTON, May 20 (UPI) -- The U.S. space agency has given the Ares Corp. a $26 million, one-year contract extension for development and operation of the International Space Station.
The National Aeronautics and Space Administration said the Houston company has held the station's program integration and control contract since January 2004. The one-year extension brings the total value of the contract to $151.8 million. The extension, which begins Oct. 1, is the first of two such options provided by the original contract.
NASA said ARES provides integrated vehicle performance and risk management, configuration and schedule management, information technology management, resource analysis and cost estimating services.
Major subcontractors include Booz Allen Hamilton Inc. in Colorado Springs, Colo., and Barrios Technology in Houston.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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