Business/Financial

The Pentagon continues to award the overwhelming preponderance of its prime contracts, both in percentage and dollar terms, to domestic contractors, according to the latest report on the subject by […]

General Dynamics [GD] Robotic Systems yesterday announced the successful completion of Phase I of the Future Combat Systems (FCS) Robotic Convoy Experiment (RCX) at White Sands Missile Range, N.M. "We […]

ARINC Engineering Services, LLC, a portfolio company of The Carlyle Group, Dec. 13 announced it has entered into a business relationship with Cessna Aircraft [TXT], to perform design, engineering and […]

The Japanese destroyer Kongo yesterday employed its Aegis weapon control system to guide a Standard Missile-3 to destroy a U.S. target missile. It was the first time that an allied […]

By Geoff Fein The Navy yesterday grounded 39 of its fleet of P-3C Orion aircraft due to structural fatigue concerns discovered during an ongoing evaluation of the aircraft, according to […]

The Boeing Co. [BA] beat out Ball Aerospace & Technologies Corp. [BLL] to win an up-to $799.5 million avionics instrument unit contract for the Ares I upper stage rocket that […]

Northrop To Vie For Ground-based Midcourse Defense Program Segment Northrop Grumman Corp. [NOC] will compete for a piece of the work on the Ground-based Midcourse missile Defense (GMD) program, the […]

Space Rocket Engine Passes Test: ATK Alliant Techsystems [ATK] demonstrated a critical capability of its liquid oxygen (LOX)/methane rocket engine by igniting it in a vacuum chamber, ATK announced. The […]

The Latest Word On Trends And Developments In Aerospace And Defense In Limbo. Congress has yet to agree on what to do about the federal budget–and within that how to […]

By Jen DiMascio The Senate last week passed the defense authorization bill for 2008, which recommends nearly a billion dollar reduction in the Army’s plans to buy tactical radios. The […]