Business/Financial

Lockheed Martin [LMT] has abandoned its protracted battle to convince the Army its Joint Light Tactical Vehicle (JLTV) is superior to the Oshkosh [OSK] truck chosen to replace the Humvee. […]

Huntington Ingalls Industries [HII] on Thursday reported  slight declines in sales and earnings in its fourth quarter on lower revenue from its work on Coast Guard cutters and the Navy’s […]

Leidos [LDOS] on Thursday posted strong fourth quarter earnings and sales as its bottom line benefited from a handsome gain on the sale of its former headquarters. Net income nearly […]

Aerojet Rocketdyne [AJRD] is facing a potential class action lawsuit over its restatement of financial statements for company fiscal years 2014 and 2013. The lawsuit was filed Feb. 11 in […]

Bell Helicopter Textron [TXT] and BAE Systems signed an agreement to pursue military rotorcraft opportunities focused on the AH-1Z Viper in Australia, Textron said Tuesday. Under the agreement, BAE is […]

The German Bundeswehr (German Federal Armed Forces) awarded QGroup, a partner of General Dynamics [GD], a contract to deploy and maintain security appliances to secure IT networks, GD said Monday. […]

Reversing a trend over the past several years, employment in the United States aerospace and defense (A&D) industry is set to rebound, driven primarily by growth in defense spending and […]

The U.S. Defense Information Systems Agency (DISA) authorized IBM [IBM] to deliver cloud services at the highest unclassified security level with direct access to the Department of Defense’s (DoD) Nonsecure […]

Oshkosh [OSK] will continue to build the Joint Light Tactical Vehicle (JLTV) while a lawsuit brought by Lockheed Martin [LMT] makes its way through federal court. Federal claims court Judge […]

Reporting financial results for the first time, CSRA Inc. [CSRA] on Wednesday posted lower net income on separation and merger costs while sales rose in the third quarter. Pre-tax expenses […]