Business/Financial

By Emelie Rutherford The Senate is likely to vote today to confirm Raytheon [RTN] executive William Lynn as deputy defense secretary, following weeks of grumbling by Senate Republicans about his […]

L-3 Communications [LLL] yesterday said it completed its purchase of Chesapeake Sciences Corp. on Jan. 30, adding to its existing portfolio of Anti- Submarine Warfare (ASW) products. L-3 said the […]

Iranian Satellite Launch Uses Rocket Technology Similar To Intercontinental Ballistic Missile White House Expresses ‘Acute Concern’ Toward Iranian Missile Feat; Clinton Critical By Dave Ahearn Two rogue nations are moving […]

If Iran Gets Nuclear Weapons And ICBM, It Will ‘Go Nuts’ With Aggressive Acts, Not Fearing Any U.S. Or Israeli Response If the United States abandons plans to erect a […]

Editorials in The Washington Post and The Wall Street Journal said Iran and North Korea are presenting a test of character and will for President Obama, giving him no time […]

Extending Raptor Production Would Save Existing Jobs, Swiftly Aid Ailing Economy CBO Report: Federal Spending Would Boost U.S. Economy More Than Reducing Taxes Yet another case has been made for […]

The German government asked MEADS International (MI) to integrate a European air defense missile into the Medium Extended Air Defense System (MEADS). Scope of work provides for incorporation of IRIS-T […]

The Aerospace Industries Association (AIA) has proposed an outline of changes to the defense procurement system. That system has drawn criticism from lawmakers in Congress, who cite giant increases in […]

GeoEye, Inc. [GEOY]is starting commercial operations for its new GeoEye-1 Earth-imaging satellite. The firm also is submitting imagery from the satellite to the National Geospatial-Intelligence Agency (NGA) for their certification […]

The Raytheon Co. [RTN] Upgraded Early Warning Radar (UEWR) at Thule Air Base, Greenland, achieved a significant milestone on its path toward operational status by tracking its first satellite in […]