Business/Financial

The European Aeronautic Defence & Space Co. (EADS) yesterday said its new corporate headquarters in Toulouse, France, has begun operations with plans to be fully operational by Sept. 1. The […]

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 […]

The Aerospace Industries Association (AIA) yesterday named Micah Edmond, a former Marine and defense adviser to two Republican congressmen, as the assistant vice president of Industrial Base Policy, a new […]

Canada’s CGI Group [GIB] has created a new security center to bring together its security professionals and offerings to better respond to the rapidly increasing risk of cyber security threats […]

World Surveillance Group Inc. [WSGI], a developer of aerostat systems, yesterday said it has acquired another aerostat manufacturer, Lighter Than Air Systems Corp. (LTAS), giving it additional products and technical […]

The Department of Defense 2012 portfolio of 86 major defense acquisition programs is estimated to cost a total of $1.6 trillion, reflecting decreases in both size and cost from the […]

Lockheed Martin [LMT] yesterday said its Space Systems company has formed a technology hub to expand its collaboration with technology innovators in Silicon Valley in order to better meet the […]

SAIC [SAI] on Tuesday posted positive net income in the fourth quarter after a loss a year ago was impaired by a hefty charge related to a workforce management system […]

Shareholders in the European Aeronautic Defence and Space Co. (EADS) yesterday formalized plans agreed to by the company’s board and core shareholders in December to give the company’s leadership freer […]

United Technologies Corp. [UTX] yesterday said it has completed the sale of the former Goodrich Corp. electric power systems business to France’s Safran for $400 million.  The divesture of the […]