{"id":86605,"date":"2010-07-23T22:55:02","date_gmt":"2010-07-23T14:55:02","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/orbital-hurt-by-galaxy-15-anomaly-nasa-orion-cancellation-in-second-quarter\/"},"modified":"2010-07-23T22:55:02","modified_gmt":"2010-07-23T14:55:02","slug":"orbital-hurt-by-galaxy-15-anomaly-nasa-orion-cancellation-in-second-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/orbital-hurt-by-galaxy-15-anomaly-nasa-orion-cancellation-in-second-quarter\/","title":{"rendered":"Orbital Hurt by Galaxy 15 Anomaly, NASA Orion Cancellation in Second  Quarter"},"content":{"rendered":"<p>[07-23-10] <strong>Orbital Sciences<\/strong> produced $337.7 million in revenues in its 2010 second quarter \u2014 a 25 percent increase over its performance in the same quarter of 2009, the company announced in its financial results, released July 22.<br \/>\n&nbsp;&nbsp;&nbsp; Orbital\u2019s net income, however, declined from $8.7 million in 2009 to $6.3 million during the second quarter of 2010, with operating income also dipping slightly to $12.2 million from $12.8 million due to expenses related to the acquisition of the spacecraft development and manufacturing business of General Dynamics Advanced Information Systems. <br \/>\n&nbsp;&nbsp;&nbsp; CEO David Thompson said its second quarter results also were impacted by unanticipated costs related to <strong>Intelsat<\/strong>\u2019s Galaxy 15 communications satellite anomaly in April and the effect of the termination of <strong>NASA<\/strong>\u2019s Orion human spacecraft contract in May. Orbital continued to make steady progress on the Taurus 2 launch vehicle and Cygnus spacecraft development programs in the quarter.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>[07-23-10] Orbital Sciences produced $337.7 million in revenues in its 2010 second quarter \u2014 a 25 percent increase over its performance in the same quarter of 2009, the company announced in its financial results, released July 22. &nbsp;&nbsp;&nbsp; Orbital\u2019s net income, however, declined from $8.7 million in 2009 to $6.3 million during the second quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86605","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86605"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86605"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86605\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}