Business/Financial

The Kinetic Energy Interceptor (KEI) began cold-launch system testing essential for mobile, global and flexible missile defense, Northrop Grumman Corp. [NOC] announced. A key part of this system — the […]

The Direct Attack Guided Rocket, or DAGR, a helicopter-mounted weapon, succeeded in its first ground launch, Lockheed Martin Corp. [LMT] announced. Along with earlier tests, the DAGR now has a […]

By Geoff Fein The Coast Guard is continuing to evaluate a number of different unmanned aerial vehicles (UAV), including varieties used by the Customs and Border Protection (CBP) and the […]

By Geoff Fein The Coast Guard is working on the request for proposal (RFP) for the fourth National Security Cutter (NSC), the first ship contract that will not be handled […]

Northrop Grumman [NOC] yesterday said it was combining several of its business sectors to improve alignment with its customers and strengthen performance and cost competitiveness. "These actions are critical steps […]

Lockheed Martin [LMT] last month said it agreed to acquire Universal Systems & Technology, Inc. (UNITECH), which provides training and simulation systems as well as information technology (IT) services. Terms […]

The Air Force shut down the existing Transformational Satellite Communications (TSAT) program competition without awarding a contract. Instead, the restructured contest now moves back to square one, with the air […]

NASA Administrator Mike Griffin bluntly told Robert J. Stevens, chairman, president and CEO of Lockheed Martin Corp. [LMT], to stop trying to kill the future Ares I rocket, according to […]

Space Agency Moves To Foster Private Commercial Logistics Spacecraft NASA, in a double departure from business as usual, has taken a giant step toward privatizing the transport of cargo to […]

Long-Term Contract To Be Decided In Impending Obama Administration The Missile Defense Agency gave The Boeing Co. [BA] a cost-plus-award-fee contract worth up to $397.9 million to continue the Ground-base […]