Business/Financial

Oshkosh Truck Corp. [OSK] yesterday swung to a net operating loss in its second quarter due to the ongoing global recession despite a strong performance from the company’s military truck […]

By Calvin Biesecker Shrugging off weakness in the business jet market, General Dynamics [GD] yesterday posted higher earnings and sales in the first quarter driven by its defense businesses. In […]

By Geoff Fein Earlier this month when Defense Secretary Robert Gates proposed extending the build rate for aircraft carriers from four to five years, the idea led to a flurry […]

Rockwell Collins [COL] yesterday reported slight declines in net income and sales in its second quarter stemming from a roughed up global commercial aviation sector, which led the company to […]

ShotSpotter, Inc., yesterday said it has acquired the acoustic gunshot detection product line from QinetiQ North America (QNA), making it the sole market leader in acoustic gunshot detection systems. Terms […]

By Geoff Fein CHARLESTON, S.C.–Even though the Navy truncated its planned acquisition of the DDG-1000 multi-mission combat ships from seven down to two, with the potential remaining for a third […]

By Geoff Fein Boeing [BA] conducted the first flight of its P-8 Poseidon maritime patrol and reconnaissance aircraft Saturday, a significant milestone for the program, according to a Navy official. […]

Whether Holocaust Occurred Is A ‘View,’ Ahmadinejad Claims; He Says Obama Support For Israel Is A ‘Major Mistake’ Iranian President Mahmoud Ahmadinejad said Iran has "legal rights" to manufacture nuclear […]

Meanwhile, Missile Threats Increase; Kyl Warns Nuclear-Missiles-Armed Pakistan Could Fall To Taliban In One To Six Months Gates Plan Involves $900 Million More Cuts To Missile Defense Programs, Beyond The […]

While the federal government has lavished trillions of dollars on the banking, Wall Street brokerage, insurance, mortgage lender and other industries, with few strings attached except for CEO-pay conditions, the […]