Business/Financial

MCR LLC, a small firm specializing in services across a program’s life-cycle, said this week that it has acquired another small professional services firm, JB&A, Inc., in a deal that […]

General Dynamics [GD] yesterday said its board of directors has authorized the repurchase of an additional 10 million shares of the company’s stock. Earlier this year, GD’s board authorized the […]

General Dynamics [GD] over the weekend said it has resumed flight-testing of the Gulfstream G650 business jet following the April 2 crash of a flight-test aircraft that killed four people. […]

Lockheed Martin [LMT] late Saturday night confirmed that its information systems network had come under a cyber attack, but the company said the attack was detected quickly and that customer, […]

The heads of a Senate panel called yesterday for examining alternatives to the F-35 Joint Strike Fighter as Pentagon officials acknowledged the program’s current costs are too high. Pentagon acquisition […]

The engineering, construction and technical services firm URS Corp. [URS] this week said it has agreed to acquire federal information technology (IT) services provider Apptis Holdings, Inc., for $260 million […]

By Calvin Biesecker An unfavorable pension adjustment combined with a charge related to a border security program for the United Kingdom led Raytheon [RTN] to post a double-digit drop in […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday reported strong first quarter earnings despite weaker sales due to income from its pension assets, operating segments and from its former shipbuilding unit […]

By Calvin Biesecker General Dynamics [GD] yesterday reported a modest rise in net income in the first quarter amid a scant increase in sales as three of its four segments […]

By Calvin Biesecker Boeing [BA] yesterday posted higher net income in the first quarter due to sharply lower tax expenses and sales fell slightly on a drop in revenues from […]