Agreement Unites Parties in Boosting Commercial Space Operations in California

Vandenberg Air Force Base

VANDENBERG AIR FORCE BASE, Calif., August 5, 2020 (Deloitte PR) — Leaders from the State of California, REACH, the 30th Space Wing, Cal Poly State University and Deloitte today announced a commitment to develop a thriving spaceport at Vandenberg Air Force Base and the surrounding area. According to the memorandum of understanding, the parties will develop a master plan that identifies the required infrastructure, human capital development, governance and financing necessary to support the United States Space Force mission and position California as a global leader in the future of the commercial space industry.

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NASA-Funded LEO Commercialization Studies Yield Diverse Results

Credit: Axiom Space

Last week, NASA released the results of low Earth orbit (LEO) commercialization studies the space agency commissioned 12 companies to conduct. The space agency is looking to become a tenant in LEO as it aims to return astronauts to the moon in 2024.

Credit: Blue Origin

The studies were conducted by a diverse group of companies ranging from big aerospace such as Boeing, Lockheed Martin and Northrop Grumman to up and comers like Blue Origin and NanoRacks to business consultants Deloitte and McKinsey&Company.
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NASA Funds Studies on Commercializing Earth Orbit

The Cygnus cargo craft slowly departs the space station after its release from the Canadarm2 robotic arm. (Credit: NASA TV)

HOUSTON (NASA PR) — In an ongoing effort to foster commercial activity in space, NASA has selected 13 companies to study the future of commercial human spaceflight in low-Earth orbit, including long-range opportunities for the International Space Station.

The studies will assess the potential growth of a low-Earth orbit economy and how to best stimulate private demand for commercial human spaceflight. The portfolio of selected studies will include specific industry concepts detailing business plans and viability for habitable platforms, whether using the space station or separate free-flying structures. The studies also will provide NASA with recommendations on the role of government and evolution of the space station in the process of transitioning U.S. human spaceflight activities in low-Earth orbit to non-governmental enterprises.

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Study: Aerospace & Defense Models Need Big Rethink

Deloitte LogoNEW YORK, Nov. 17, 2016 (Deloitte PR) — Over the past quarter of a century, between 25 and 50 percent of aerospace and defense (A&D) companies at any given time have maintained strategies and business models that have not adapted to significant changes in the industry’s environment, structure and requirements, according to Deloitte’s report, “The Next Era of Aerospace & Defense: How to Outperform in an Environment of Innovative Disruption.” Today, more than 60 percent of large A&D companies’ revenue is associated with business models that no longer truly reflect current market needs.

The report further shows that the companies that have adapted their strategies and business models to the changing environment outperformed others by up to seven times.

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