Business/Financial

By Geoff Fein MOBILE, Ala.–One of the first things most people notice when coming aboard the USS Independence (LCS-2) is the space, according to an official from General Dynamics [GD], […]

By Emelie Rutherford The defense secretary assured lawmakers yesterday that the Pentagon, as it considers extending the deadline for proposals to build the Air Force tanker, will not change the […]

By Calvin Biesecker VT Group Inc., the United States-based division of Britain’s VT Group, plans to acquire defense firms as part of its growth strategy in this country once the […]

By Emelie Rutherford A senior Pentagon official told missile-defense contractors yesterday "quality control" of industry products is so poor it has risen to be one of the preeminent problems facing […]

By Geoff Fein The USS Freedom (LCS-1) has been operating in the western Caribbean for a little over a month, and in that time the Navy has learned a bit […]

By Geoff Fein When the two forward ship service diesel generators (SSDG) on USS Freedom (LCS-1) stopped working earlier this month during her maiden deployment, the effort to repair the […]

By Geoff Fein The nation needs a new cyber security strategy with a clear statement on the use of key elements of governmental authority, according to a Microsoft [MSFT] official. […]

By Geoff Fein GeoEye, Inc. [GEOY] yesterday said it has selected Lockheed Martin [LMT] to build the geospatial imagery company’s next- generation, high-resolution Earth imaging satellite system known as GeoEye-2, […]

By Calvin Biesecker ATK [ATK] yesterday announced a realignment of its business groups, including the addition of a new one that will serve the law enforcement and sporting markets, naming […]

By Calvin Biesecker Orbital Sciences Corp. [ORB] last Thursday said it has agreed to acquire the spacecraft development and manufacturing business of General Dynamics [GD] for $55 million, giving the […]