Business/Financial

By Emelie Rutherford Air Force Secretary Michael Wynne and Chief of Staff Gen. Michael Moseley’s resignations yesterday are being seized on by congressional critics of Air Force acquisition decisions. It […]

By Dave Ahearn The Aegis weapon control system guided two Standard Missile-2 (SM-2) Block IV interceptors that obliterated a target missile in its terminal phase of flight, as the foreign- […]

Boeing [BA] delivered the first fleet EA-18G Growler airborne electronic attack (AEA) aircraft to the Navy’s Electronic Attack Squadron (VAQ) 129, Tuesday at Naval Air Station (NAS) Whidbey Island, Wash., […]

Spain is looking to buy 20 Block IV Tomahawk Land Attack Missiles as well as associated equipment and services, the Defense Security Cooperation Agency (DSCA) reported. The total value, if […]

By Geoff Fein The Navy is in the process of signing a contract with Massachusetts’s-based KaZak Composites Inc., for the company’s impact recovery post, a Small Business Innovative Research (SBIR) […]

By Geoff Fein Acuity Technologies and Piasecki Aircraft Corp., are both in the midst of a phase two Navy small business innovation research (SBIR) effort to develop a small unmanned […]

DRS Technologies [DRS] late last Thursday posted higher fourth quarter earnings and sales although it benefited in good measure from a restatement of a hefty charge from the first quarter […]

By Geoff Fein Small businesses looking to tap into Navy programs need to focus their ideas on the service’s current concerns, otherwise they are unlikely to get an audience with […]

Harris Corp. [HRS] on Sunday said that it is not pursing a merger or sale of the company following media reports and speculation last month that first indicated that the […]

By Calvin Biesecker Following one failed attempt and another that never really got far, the Department of Homeland Security (DHS) has renewed its efforts to find help from industry in […]