Business/Financial

The Obama administration is willing to delay plans to construct the European Missile Defense (EMD) system as a shield against Iranian missiles, if Russia will help the United States pressure […]

Secretary of State Hillary Clinton said nothing has been decided on a U.S. response to repeated Russian demands that Washington kill the planned European Missile Defense (EMD) system. She was […]

She Condemns Iran For Developing Missile Able To Strike Targets In United States Tauscher Says European System Won’t Be Dropped In Deal With Moscow, But EMD Would Protect America, Not […]

The Airborne Laser (ABL), a defensive system that kills enemy missiles shortly after they launch, may have other applications such as air-to-air combat against enemy planes, killing enemy cruise missiles […]

Alaska members of Congress are pushing Secretary of Defense Robert Gates not to cut funding for the Ground-based Midcourse Defense system, part of the multi-layered U.S. shield against enemy missiles. […]

The European Space Agency (ESA) water mission is poised for launch between July and October, the agency reported. Following word from Eurockot that launch of the Earth Explorer SMOS satellite […]

By Ann Roosevelt A Northrop Grumman [NOC] land navigation system has been competitively selected for the $10.7 million Phase II work by General Dynamics [GD] Robotic Systems (GDRS) as part […]

The Navy last month awarded four Technology Maturation trade studies contracts, totaling $23.19 million, relating to the Next Generation Jammer (NGJ), the future replacement for the ALQ-99. Contracts were awarded […]

By Emelie Rutherford The Senate in a 93-4 vote approved yesterday the confirmation of Raytheon [RTN] executive William Lynn to be deputy defense secretary. Sens. Claire McCaskill (D-Mo.), Tom Coburn […]

By Ann Roosevelt Lockheed Martin [LMT] led the list of top five contractors with the Defense Department in fiscal year 2008, according to a White House web site. Lockheed Martin […]