Business/Financial

By Calvin Biesecker L-3 Communications [LLL] yesterday posted slight increases in its sales and earnings with growth driven by revenues from acquisitions and the higher earnings due to results at […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday reported a strong increase in its second quarter net income due to the planned divestiture of its Pacific Architects and Engineers (PAE) civil […]

By Geoff Fein While many of the cyber defense systems available today look to block intrusions from getting into networks, Raytheon [RTN] is developing new technologies to keep hackers and […]

By Geoff Fein Raytheon [RTN] and Boeing [BA] have wrapped up the first of three planned government-sponsored Joint Air-to-Ground Missile (JAGM) firings at White Sands Missile Range, N.M., according to […]

By Geoff Fein As the demand from both NASA and the Air Force for solid rocket motors declines, the cost to produce and maintain the Trident II D-5 submarine launched […]

By Calvin Biesecker Despite pressure on defense spending in the United States and abroad, ATK‘s [ATK] new chief believes his company has plenty of opportunities to improve its market position […]

SRA International [SRX] yesterday said it has acquired the energy consulting firm Sentech in a deal that supplements its current environmental information technology (IT) and consulting services business and expands […]

Canada has committed approximately $8.5 billion for the acquisition of 65 Lockheed Martin [LMT] F-35 Lightning II Joint Strike Fighters (JSF) as the country looks to replace its fleet of […]

By Calvin Biesecker Despite its surprising announcement on Tuesday that it plans to exit the shipbuilding business, Northrop Grumman [NOC] yesterday said its shipbuilding operations can increase revenues and have […]

By Geoff Fein While the decision by Northrop Grumman [NOC] to consolidate almost all of its Gulf Coast shipbuilding work in Pascagoula, Miss., left a lot of unanswered questions, the […]