Business/Financial

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 FLIR Systems [FLIR] yesterday said it has acquired OmniTech Partners, Inc., for $42 million in cash, giving it image intensification capabilities (I2) for use with thermal weapons […]

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 […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday reported a slight gain in net income in its third quarter that beat consensus expectations due to a tax benefit, but the nation’s […]

By Ann Roosevelt The first of four deployed CH-47F Chinook helicopter units is back from theater, and has proven its new capabilities, officials said. Soldiers say, "the new features saved […]