Business/Financial

NASA is pushing ahead with a plan to launch a spacecraft, Juno, that will unlock secrets of the largest planet in the solar system, Jupiter, the space agency announced this […]

The Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System (JLENS) conducted critical design readiness reviews (CDRR) on its final two prime items, Raytheon Co. [RTN] announced. Those final […]

Rep. Ike Skelton (D-Mo.) will continue as the House Armed Services Committee (HASC) chairman in the next two-year Congress, the 111th Congress, the House Democratic Caucus decided. Skelton became chairman […]

Sea Launch will perform five launch operations for Intelsat, the sea-going launch platform company announced. The firms signed a multiple launch services contract for five missions on the Sea Launch […]

By Geoff Fein While it might appear that the Navy’s San Antonio-class program is fraught with problems, the Navy and industry team have been able to drastically reduce the number […]

By Geoff Fein As the Navy continues to examine problems with the lube oil system on the USS San Antonio (LPD-17), the service is taking steps to ensure there are […]

Boeing [BA] yesterday said it plans to layoff about 800 employees at its Wichita, Kan., site due to the end of some defense programs and the delay in the U.S. […]

General Dynamics [GD] yesterday said it has agreed to acquire AxleTech International, a global manufacturer and supplier of highly engineered axles, wheel ends, brakes and gears for heavy-duty military and […]

Esterline Corp. [ESL] said this week it has agreed to acquire specialized fastener producer NMC Group for $90 million, in a deal that will extend its product offering to include […]

By Calvin Biesecker TEL AVIV–Once more reliant on the United States for the export of its aerospace and security products and services, Israeli firms today are finding more opportunities in […]