Business/Financial

By Geoff Fein Companies competing for the Navy’s High Altitude Anti-Submarine Warfare Weapons Concept (HAAWC), an effort to place a wing kit on a Mk 54 torpedo and drop it […]

Scolese Says Any Ares I Replacement Must Be Capable To Carry Out Full Lunar Return Mission NASA today unveiled an $18.69 billion budget proposal that includes a major study of […]

By Geoff Fein The Navy conducted a series of landings and approaches of the Fire Scout vertical takeoff unmanned aerial vehicle (VTUAV) in the most recent tests of the Unmanned […]

Goodrich Corp. [GR] last week said it has acquired Cloud Cap Technology, Inc. (CCT), a provider of avionics systems for small unmanned aerial vehicles (UAVs) and sensors for manned aircraft. […]

By Geoff Fein The Navy is beginning to examine how to lower the overall lifecycle cost of the Virginia-class submarine program, similar to the effort the service pursued to drop […]

President Obama said he is confident that terrorist groups such as the Taliban and al Qaeda won’t be able to seize Pakistani nuclear-tipped ballistic missiles. However, Obama also said at […]

The Army gave Raytheon Co. [RTN] a $9 million contract addition for Patriot missile maintenance and facilities, bringing the total contract to $45 million thus far, with room for further […]

Gates Said To Think 30 Airborne Lasers Required For Good Global Coverage Against Enemy Ballistic Missiles Ballistic missile defense systems effective against short- or medium-range enemy missiles are "more likely […]

Raytheon Co. [RTN] named a Turkish missile manufacturer as an international supplier of a key component of the Patriot Guidance Enhanced Missile- Tactical (GEM-T). Under the agreement, Roket Sanayii ve […]

Walter Reed Army Medical Center, the crown jewel of Army medicine, celebrated its 100th anniversary Friday with a ceremony and a formal ball, but the celebration was bittersweet because the […]