Business/Financial

Northrop Grumman [NOC] on Thursday posted lower net income in its fourth quarter stemming from a new tax reform law that went into effect on Jan. 1 and a discretionary […]

Raytheon [RTN] on Thursday posted lower earnings in its fourth quarter stemming from provisions in a new tax law and to a lesser extent a voluntary payment into its pension […]

The Army has won an appeal against Leonardo’s lawsuit attempting to block its pursuit of sole-source contracts for Airbus’ UH-72 Lakota helicopters. The U.S. Court of Appeals announced its decision […]

Columbia Helicopters has received a new task order to continue providing rotary wing airlift support to U.S. Central Command in Afghanistan. The latest deal boosts their total contract value another […]

The Transportation Security Administration (TSA) this week lifted a stop work order it had placed on Peraton last October pending the outcome of a protest by Leidos [LDOS] of a […]

Buoyed by all of its operating segments, General Dynamics [GD] on Wednesday reported strong fourth quarter top and bottom lines to finish 2017 and the company said a new tax […]

Defense manufacturer Curtiss-Wright [CW] is launching a new initiative to support Army Materiel Command’s new C4ISR and electronic warfare modular system standards program, the company said at a conference Monday. […]

General Atomics Aeronautical Systems, Inc. (GA-ASI) said Monday it has successfully tested its new Automatic Takeoff and Landing Capability (ATLC) for its MQ-9B remotely piloted aircraft. The tests saw GA-ASI […]

Every sector of the defense industrial base has been hit by a decline in contracts first from the military drawdown from lengthy wars in the Middle East and Asia and […]

Booz Allen Hamilton [BAH] has received a five-year, $165 million contract to provide support services to U.S. Cyber Command. Under the deal, Booz Allen will assist Cyber Command with planning […]