Business/Financial

Government officials from Alabama, Florida, Louisiana and Mississippi yesterday said they have created a multi-state alliance aimed at promoting the Gulf Coast region as a "world class aerospace, space and […]

A Lockheed Martin [LMT]-led industry team completed a successful Preliminary Design Review (PDR) for the Navy’s Communications at Speed and Depth (CSD) program that will deliver real-time, two-way communications to […]

By Calvin Biesecker Raytheon [RTN] yesterday reported strong third quarter financial results as higher sales and improved operating margins, combined with lowered pension expense led to increased earnings. Net income […]

By Ann Roosevelt Boeing [BA] yesterday announced the successful completion of the Critical Design Review (CDR) of Early-Infantry Brigade Combat Team (E-IBCT) capabilities, another key milestone in Army modernization efforts. […]

Boeing [BA] yesterday said it has successfully completed its industrial cooperation program for the AH-64D Apache Armed Helicopter Program for the Netherlands. This achievement, reached one year ahead of schedule […]

By Geoff Fein Until earlier this year, many junior sailors trained for conducting shipboard helicopter takeoffs using archaic tools–including wooden models to simulate aircraft. But an urgent request from Helicopter […]

By Calvin Biesecker Boeing [BA] yesterday reported a $1.6 billion net loss in the third quarter due to previously disclosed charges on two commercial aircraft programs including the 787 Dreamliner, […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday said that third quarter earnings fell due to higher pension and other expenses although overall segment operating results were solid. Net income declined […]

By Geoff Fein General Dynamics [GD] wrapped up builder’s trials of its variant of the Littoral Combat Ship (LCS) earlier this week, putting the vessel through dozens of tests in […]

By Ann Roosevelt BAE Systems has filed a second supplement to its initial protest with the Government Accountability Office (GAO) over the Army’s award to Oshkosh Corp. [OSK] of a […]