Business/Financial

After a two-year, top to bottom renovation, the High Bay Facility of the Operations & Checkout (O&C) Building at Kennedy Space Center is ready to begin preparations to build the […]

NASA will launch a satellite that will measure carbon dioxide in the atmosphere and track down its source, with liftoff on a Taurus XL rocket set for 1:51 a.m. PT […]

A ground control system has shown it can control a Global Positioning System (GPS) asset, Northrop Grumman Corp. [NOC] announced today. The unit demonstrated command and control of a GPS […]

Russians Think Obama Could Kill Planned European Missile Defense Without Seeming To Cave To Moscow Russia, testing the newly-inaugurated U.S. President Obama, has anew offered a deal: if the United […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday reported strong third quarter financials led by strength in the commercial ammunition and military medium-caliber guns and ammunition businesses and better operating efficiencies. […]

By Calvin Biesecker Raytheon [RTN] yesterday reported sharply lower net income in its fourth quarter due to an adjustment for pension expenses and a tough comparison with a year ago […]

By Geoff Fein As expected, the Navy this week submitted paperwork notifying Congress that the VH-71 presidential helicopter has a Nunn-McCurdy breach. Navy Secretary Donald Winter signed off on the […]

By Emelie Rutherford Chances for a quick Senate confirmation of William Lynn as deputy defense secretary further diminished yesterday, when GOP Sens. John McCain (Ariz.) and Charles Grassley (Iowa) demanded […]

By Marina Malenic MARIETTA, Ga.–Approximately 25,000 jobs could be lost if President Barack Obama decides not to continue F-22 Raptor production, industry executives said here yesterday. Prime contractor Lockheed Martin […]

L-3 Communications [LLL] yesterday posted strong fourth quarter earnings due to the sale of a majority ownership in a business and higher profits in most of its business segments. Net […]