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Space

Analyst Says Bezos’ Funding Of Blue Origin Via Amazon Stock Formidable

Pat Host

Monday, April 10th, 2017

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Analyst Says Bezos’ Funding Of Blue Origin Via Amazon Stock Formidable

The multiple-times-used Blue Origin New Shepard rocket on display outside the main hall of the 33rd Space Symposium in Colorado Springs, Colo. Photo: Defense Daily.

A prominent defense analyst believes tech billionaire Jeff Bezos’ funding of Blue Origin by selling his Amazon [AMZN] stock is formidable as it is a constantly replenishing pool of money for Bezos to tap.Byron Callan of Capital Alpha Partners said Monday it is likely Bezos, who founded both the Amazon online marketplace and Blue Origin space company, is getting annual stock awards as part of his compensation for running Amazon. Bezos said last Wednesday at the Space Symposium in Colorado…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]