Business/Financial

Deputy Secretary of Defense Gordon England said that U.S. ballistic missile defense (BMD) programs must receive continued support. "We need to continue to support the programs" that form the layered […]

If Sen. Barak Obama of Illinois wins the Democratic presidential nomination and then goes on to be elected to the White House, the defense industry better brace for tough times, […]

Counter-Manpads Asset Seen Able To Protect Each Passenger For $1 — Price Of Pop And Peanuts Northrop Hopes Airlines Install Guardian System On Planes For Far Less Than $4 Billion […]

The Missile Defense Agency (MDA) will negotiate a sole-source contract for The Boeing Co. [BA] to continue leading the Ground-based Midcourse Defense program, according to an MDA notice and Boeing […]

Boeing Submits GOES R Proposal To NASA For Two Satellites The Boeing Co. [BA] submitted a proposal to NASA to produce two next-generation Geostationary Operational Environmental Satellites, known as the […]

The Navy and the NATO Seasparrow Project Office recently awarded Raytheon [RTN] a $17.8 million contract for the MK57, MK29 and MK73 NATO Seasparrow missile systems, the company reported. Under […]

Lockheed Martin [LMT] has achieved a key milestone in the development of the Mobile User Objective System (MUOS) with the successful completion of static loads testing of the first satellite […]

Israel Aerospace Industries (IAI) yesterday reported a steep decline in fourth quarter profits despite strong growth in sales. Net income in the quarter fell 66 percent to $19 million from […]

By Geoff Fein Northrop Grumman‘s [NOC] Sperry Marine British business unit was recently selected to supply the Platform Management System (PMS) for the next Royal Navy Astute-class submarine, HMS Audacious, […]