Business/Financial

By Calvin Biesecker The Coast Guard is wrapping up the discussion phase with Northrop Grumman [NOC] as part of the contracting process for the next National Security Cutter (NSC) and […]

Applied Signal Technology, Inc. [APSG] on Wednesday said it has acquired Seismic LLC, a small cyber security solutions provider serving the Defense Department and intelligence community, in a deal that […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday posted a higher net income driven by lower pension expenses and higher operating income at its Aerospace, Shipbuilding and Technical Services segments, which […]

By Calvin Biesecker General Dynamics [GD] yesterday posted a slight increase in first quarter earnings due to higher operating margins even though its sales fell in its business jet unit […]

Northrop Grumman [NOC] on Monday evening said it will move its corporate headquarters from Los Angeles to Northern Virginia in the summer of 2011. "Our final decision was driven largely […]

By Calvin Biesecker L-3 Communications [LLL] yesterday posted a strong increase in its first quarter earnings despite relatively flat sales due to a lift in operating margins and lower pension […]

By Calvin Biesecker Raytheon [RTN] yesterday posted a scant decrease in its net income, which was held back by pension expense and a loss from discontinued operations while sales rose […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday posted a slight increase in first quarter sales but earnings fell 18 percent primarily due to a charge related to the recently approved […]

By Calvin Biesecker Boeing [BA] yesterday posted a drop in first quarter net income due to an earlier reported charge stemming from a new healthcare law and sales slipped due […]

By Geoff Fein The Navy is facing a future with no budgetary growth and therefore must be vigilant in how it works contracts for the things it wants to buy, […]