Business/Financial

By Calvin Biesecker Boeing [BA] yesterday posted a net loss in the fourth quarter amid plunging sales stemming from the effects of a nearly two-month labor strike that ended last […]

By Calvin Biesecker General Dynamics [GD] yesterday posted solid increases in sales and earnings in the fourth quarter driven mainly by results at its business jet and shipbuilding operations and […]

ATK [ATK] yesterday said it has been awarded a $36 million contract to provide lightweight (LW) 30mm M789 High Explosive Dual Purpose (HEDP) tactical ammunition and M788 training ammunition to […]

By Geoff Fein The Coast Guard’s philosophy had always been that Integrated Coast Guard Systems (ICGS), the lead systems integrator (LSI) for the Deepwater recapitalization effort, would handle procurement and […]

Hicks Sees Aegis Missile Defense System Useful In Obliterating Enemy Missile In Ascent Phase Navy Aegis Program Needs 200 To 250 More Standard Missiles Than Planned By 2015 By Dave […]

A vehicle-mounted laser system shot down an unmanned aerial vehicle (UAV), The Boeing Co. [BA] announced today. UAVs are threatening U.S. troops in war zones. In tests at White Sands […]

CBO Sees Missile Defense Annual Outlays Up About $4 Billion Killing European Missile Defense Would Save $4 Billion Yearly Spending on ballistic missile defense (BMD) programs will peak at about […]

Northrop Grumman Corp. [NOC] named Scott A. Lee vice president of space systems for Northrop Electronic Systems. In his new position, Lee will have executive responsibility for all space systems […]

Space Exploration Technologies Corp. (SpaceX) donated experimental payload space aboard an upcoming flight of the Dragon spacecraft to support the Heinlein Trust Microgravity Research Competition. The winner’s experimental payload will […]

The Standard Missile-2 (SM-2) target detecting system passed a test while executing the lowest altitude intercept thus far, Raytheon Co. [RTN] announced. That SM-2 Block IIIB system was tested by […]