Business/Financial

Boeing [BA] recently said it was awarded a $20 million contract to provide an AH-64D Apache Longbow Crew Trainer (LCT) and life-cycle support to the Egyptian air force. "We are […]

By Calvin Biesecker Raytheon [RTN] yesterday reported strong fourth quarter earnings and sales driven by improvements in all but one of its operating segments and the company recorded a record […]

By Calvin Biesecker Alliant Techsystems [ATK] yesterday posted strong third quarter financial results due to balanced performance across its operating divisions and the company raised its fiscal year 2008 earnings […]

By Jen DiMascio A "downpour" of spending on cyber security is expected in 2008 and 2009, a homeland security lawyer said recently. Last year, a number of security breaches were […]

By Calvin Biesecker L-3 Communications [LLL] yesterday posted strong fourth quarter income and sales driven by organic growth and better operating performance. Almost all of the sales growth in the […]

By Geoff Fein The Navy last night awarded three, $3 million, phase one firm fixed price contracts to develop a preliminary design for the Joint High Speed Vessel (JHSV). The […]

The Navy last month awarded Raytheon [RTN] a contract worth nearly $55 million to retrofit 135 Boeing [BA] F/A-18 Super Hornets with APG-79 Active Electronically Scanned Array (AESA) radar. The […]

General Dynamics [GD] Canada Jan. 21 announced it has achieved Capability Maturity Model Integration (CMMI) Level 5, the highest rating available from the Software Engineering Institute (SEI). The company’s announcement […]

Lockheed Martin [LMT] recently reported strong fourth quarter net income driven by some of its space, and information and services businesses despite no sales growth. Still, the earnings trounced Wall […]

By Calvin Biesecker Boeing [BA] yesterday posted a modest increase in fourth quarter net earnings despite flat sales driven by higher sales and earnings of commercial planes. The increase in […]