Business/Financial

By Geoff Fein Despite an embarrassing false-start recently into the blogosphere, Boeing [BA] is continuing to look at ways to upgrade its presence on the Internet including the use of […]

General Tactical Vehicles (GTV), a joint venture between AM General and General Dynamics [GD], yesterday announced their Joint Light Tactical Vehicle (JLTV) successfully completed the Critical Design Review (CDR) this […]

By Ann Roosevelt General Dynamics UK [GD] and BAE Systems tomorrow will formally square off when they submit proposals for the potential $3 billion U.K. Ministry of Defence Future Rapid […]

CACI International [CAI] yesterday posted strong first quarter FY ’10 results as business with the Defense Department expanded. Net income increased 22 percent to a record $23.9 million, 78 cents […]

By Geoff Fein Wednesday’s latest test of the Aegis Ballistic Missile Defense (BMD) continued to demonstrate the success of Raytheon’s [RTN] Standard Missile-3 (SM- 3), and was the second positive […]

Boeing [BA] this week announced the successful completion of a critical design review (CDR) and system functional review(SFR), key reviews for the Army’s High Energy Laser Technology Demonstrator (HEL TD) […]

Raytheon [RTN] this week said it has completed its $350 million acquisition of BBN Technologies, adding to Raytheon’s bench of scientific and engineering talent. Raytheon said the purchase price is […]

By Calvin Biesecker General Dynamics [GD] yesterday reported its second consecutive quarter of declining profits due to a weak market for business jets market despite continued strong performance from the […]

By Calvin Biesecker L-3 Communications [LLL] yesterday reported solid third quarter financial results increasing both sales and earnings due to a tax benefit and a strong contribution from its C3ISR […]

Weighed down by reduced demand for business jets and a loss at its finance unit, Textron [TXT] yesterday posted a steep decline in operating profits amid a decline in sales, […]