Business/Financial
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Business/FinancialWith Eye To Expansion, GD Opens Cyber Forensics Lab
COLUMBIA, Md.—To make room for expansion and better position itself to handle increasing demand for cyber security services, General Dynamics [GD] has opened a new laboratory here that provides network […]
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Business/Financial
Lockheed Martin BMD Efforts Move Ahead, Officials Say
Lockheed Martin [LMT] continues its work on ballistic missile defense programs even as program uncertainties and budget cuts loom, company officials said. “There’s an increased concern about the (ballistic missile) […]
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Business/Financial
Aerospace And Defense Sector Sales Up On Commercial Demand But Earnings Fall In 2012 On Defense, Deloitte Says
A record year in commercial aircraft deliveries lifted the aerospace and defense sector to higher sales in 2012, but slowing defense spending drove the sector’s operating earnings down last year, […]
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Business/Financial
IAI Posts Higher Fourth Quarter Sales And Profit
Israel Aerospace Industries (IAI) yesterday reported higher fourth quarter sales and earnings while backlog and orders rose in 2012. Net income in the quarter was $23 million versus $1 million […]
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Business/Financial
Raytheon Increases Dividend
Raytheon [RTN] yesterday said it is increasing its annual dividend by 10 percent to $2.20 per share from $2.00, marking the ninth straight year the company has increased its dividend. […]
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Business/Financial
U.K. Makes $3 Billion Commitment To Aerospace Industry
The U.K. government and industry yesterday pledged a long-term partnership and an approximately $3 billion investment in the aerospace industry to keep its manufacturing on the cutting edge. Launched yesterday […]
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Business/Financial
CACI Creates Two New Business Groups
CACI International [CACI] yesterday said it is creating two new business groups, one C4ISR Solutions and the other Mission Systems and Services, to pursue strategic growth opportunities across all of […]
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Business/Financial
Lockheed Martin Aeronautics Chief To Lead Spirit AeroSystems
Spirit AeroSystems [SPR] yesterday said that its board of directors has named Larry Lawson, who until Monday was the head of Lockheed Martin’s [LMT] $15 billion Aeronautics division, as its […]
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Business/Financial
European Investment Bank Supports EADS Innovation, R&D Programs
The European Investment Bank (EIB) and the European Aeronautic Defense and Space Co. (EADS) yesterday said they signed an approximately $488 million finance contract in support of EADS Groups innovation […]
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Business/Financial
Carvalho Takes Helm of Lockheed Martin Aeronautics
Lockheed Martin [LMT] yesterday announced several personnel changes at its Aeronautics segment, with F-35 Lighting II program chief Orlando Carvalho becoming head of Aeronautics effective immediately with the retirement of […]