Top acquisition officials within some components of the Department of Homeland Security have other roles that compete for their time and attention and haven’t been properly vetted for their oversight roles, the Government Accountability Office (GAO) says in a new report. The report says that four ...

Northrop Grumman [NOC] on Thursday posted solid third quarter financial results driven by strong operating performance at its business segments and pension gains, helping the company overcome higher taxes. Net income increased 6 percent to $986 million, $5.89 earnings per share (EPS), from $933 ...

Driven by strong operating results across most of its segments, Lockheed Martin [LMT] on Tuesday delivered higher sales and earnings in its third quarter and raised its top and bottom-line guidance for 2020. The company also provided financial trend lines for 2021 with sales moderating to low ...