Business/Financial

There are a dozen ways to pressure Iran into dropping its rush to develop nuclear arms, short of using military strikes against Iranian nuclear facilities, The Israel Project, a pro-Israel […]

The United States will pay Russia $306 million to transport American astronauts to the International Space Station and back. That taxi service will be needed after NASA loses the ability […]

By Geoff Fein and Emelie Rutherford Just days after the Navy officially ended Lockheed Martin‘s [LMT] VH-71 helicopter program, one lawmaker is hoping to salvage the effort with a proposal […]

By Geoff Fein Northrop Grumman [NOC], Lockheed Martin [LMT] and BAE Systems have submitted bids to develop the Navy’s Consolidated Afloat Networks and Enterprise Services (CANES) system, the companies said […]

Boeing [BA] earlier this week submitted its proposal to develop the Consolidated Afloat Networks and Enterprise Services (CANES) program for the Navy, the company reported. Responses to the request for […]

AeroVironment (AV) (AVAV) yesterday announced cumulative program funding of more than $120 million with the government exercise of an option to build a third Global Observer aircraft for the Joint […]

SAIC [SAI] yesterday reported strong first quarter earnings and sales and maintained its guidance for the rest of its fiscal year despite the Army’s plans to restructure one of its […]

By Calvin Biesecker A federal appeals court yesterday again upheld a 1991 decision by the Navy to terminate for default a contract that required teammates General Dynamics [GD] and McDonnell […]

By Ann Roosevelt Lockheed Martin [LMT], SAIC [SAI], General Dynamics [GD] and Northrop Grumman [NOC] will support U.S. Joint Forces Command’s (JFCOM) joint concept development and experimentation directorate under two […]

Rockwell Collins [COL] on Monday said it has completed its acquisition of satellite communications systems provider DataPath, Inc., giving it a position in the commercial satellite network communications market. The […]