Business/Financial

The nominee to serve in a top global-strategy post at the Pentagon said yesterday she views some malicious infiltrations of computer networks as acts of war that could potentially warrant […]

Similar to a move it made a year ago, Lockheed Martin [LMT] yesterday announced a voluntary layoff program for its corporate headquarters and related enterprise business support staff in an […]

General Dynamics [GD] yesterday said it has acquired Network Connectivity Solutions, Corp. (NETCONN), a small information technology firm that specializes in enterprise and cloud computing services. GD said that NETCONN […]

Virginia Gov. Robert McDonnell (R) yesterday said ITT Corp.’s [ITT] Defense & Information Solution business segment will invest as much as $5 million to create a new corporate headquarters in […]

President Barack Obama said last Friday he stands by his desire to slash “hundreds of billions” more in longterm defense spending than his previous goal of a $400 billion cut […]

ITT Corp. [ITT] yesterday said it the name for the future defense company that will result from the spin-off this year of its defense operations will be ITT Exelis and […]

The Pentagon’s first-ever cybersecurity strategy calls for strengthening defenses and reducing incentives for attacks, outgoing Deputy Defense Secretary William Lynn said yesterday. The Pentagon released its unclassified Department of Defense […]

ITT Corp. [ITT] yesterday said that the break-up of the company into three separately traded public companies remains on track to close this year but won’t have a more definitive […]

Precision Castparts Corp. [PCP] on Sunday said it has agreed to acquire Primus International for $900 million in cash in a move to significantly expand its position supplying aerostructures to […]

TASC Inc. and the International Council on Systems Engineering (INCOSE) yesterday said they have signed an agreement to promote INCOSE’s certifications to qualified TASC engineers.    Under the agreement, TASC […]