Business/Financial

Lockheed Martin [LMT] yesterday said it successfully demonstrated the launch, guided flight, target acquisition and precision strike capability of its Nemesis missile in three flight tests at White Sands Missile […]

A year after creating a center of excellence forging new solutions to cyber security, the National Institute of Standards and Technology yesterday said it has added 11 industry partners. The […]

Teresa Takai, chief information officer at the Department of Defense, said the department is looking at ways to decrease its use of the Internet while maintaining connectivity. “We’re looking at […]

Bell Helicopter [TXT] yesterday unveiled the Bell V-280 ValorTM, it is tiltrotor offering for the Joint Multi Role/Future Vertical Lift (FVL) Technology Demonstrator (JMR/TD). “The introduction of the Bell V-280 […]

Oshkosh Corp. [OSK] yesterday said it plans to layoff 900 employees between June and July due to expected declines in military truck sales to the Defense Department. The company plans […]

A new business relationship is growing between MBDA and Thales UK Belfast, the core Team Complex Weapons (Team CW) air defense missile development program, consisting of the Common Anti-air Modular […]

The private equity firm Arlington Capital Partners and the management of Britain’s MB Aerospace Holdings, Ltd., have acquired the maker of military aircraft engine and industrial gas turbine components in […]

Federal spending on research and development has more than doubled in the last 20 years but resources for development have come at the expense of basic and applied research, which […]

QinetiQ North America (QNA) yesterday said Gary Slack, the company’s chief financial officer, has been named president and chief operating officer. Slack, who joined QNA in Aug. 2012 from Britain’s […]

Joining a new Department of Homeland Security (DHS) program that provides classified cyber threat data to approved providers will give Raytheon [RTN] new capabilities that it can offer its customers […]