Loss of NASA contract for suspended X-34 project will cost Orbita...
Loss of NASA contract for suspended X-34 project will cost Orbital $10 million, according to report by satellite analyst William Kidd, C.E. Unterberg Towbin. Kidd believes revenue loss will be offset by termination payment from NASA. He said company…
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backlog for $89.7 million project probably was $15-$20 million. Orbital was prime contractor for project.