Business/Financial

The Transportation Security Administration (TSA) has awarded Lockheed Martin [LMT] a potential five-year, $700 million contract to provide specialized security training services to the agency’s workforce. Lockheed Martin was already […]

Lockheed Martin‘s [LMT] Space Systems Co. yesterday announced employment reductions of about 800 aimed at "right-sizing" the company and improving its competitive posture. Space Systems will implement a broad-based workforce […]

By Ann Roosevelt Boeing [BA] Friday said that as of Sept. 11 Tommy Filler takes up his duties as the new U.S. Apache program manager, as the program drives toward […]

By Calvin Biesecker CACI International [CACI] on Wednesday reported strong fourth quarter results with double-digit increases in sales and earnings driven by its work for the Defense Department as well […]

SRA International [SRX] yesterday said its fourth quarter net income fell in part due to higher operating costs and expenses despite a modest increase in sales. The company said sales […]

By Geoff Fein During the recent acceptance trials for Lockheed Martin’s [LMT] USS Freedom (LCS-1), the company was able to demonstrate the capability of its specially designed combat management system, […]

Lockheed Martin [LMT] on Aug. 11 broke ground on two new facilities that will cost some $24 million at its Space Systems Company operations in Newtown, Pa., that will support […]

It’s been a busy week for Northrop Grumman‘s [NOC] Fire Scout Vertical Unmanned Aircraft System (VUAS). Monday, the company was awarded a contract by ABS Group, a Systems Engineering Technical […]

By Ann Roosevelt Tactical communication are vital for understanding the environment, for command and coordination, and working under a Defense Advanced Research Projects Agency (DARPA) program, iRobot [IRBT] is using […]

The fifth EDGEr Innovation Center that speeds the delivery of critical technologies and innovative capabilities to warfighters and first responders opened yesterday in Leavenworth, Kan. Sponsored by General Dynamics [GD] […]