Business/Financial

By Geoff Fein Earlier this month the Navy transitioned to its new enterprise resources planning (ERP) system that will provide a standard set of management tools to service organizations to […]

By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter financial results due to surging sales and earnings at its Aerospace and Combat Systems segments and the company upped […]

By Calvin Biesecker Northrop Grumman [NOC] joined in the defense earnings hit parade yesterday, logging a hefty increase in net income helped by higher sales, improved margins, reduced corporate expenses […]

TEL AVIV, Israel—Rafael Advanced Defense Systems is the new name for the Israeli company formerly known as RAFAEL Armament Development Authority, which has been undergoing an extensive assessment and overhaul […]

By Calvin Biesecker Led by operating profit gains in five of its six segments, United Technologies [UTX] yesterday reported strong third quarter earnings and sales and the company increased its […]

Marco Pistoni has been named Business Management Director for MEADS International (MI) and the Medium Extended Air Defense System (MEADS) program. The multinational joint venture MI made the announcement Oct. […]

By Ann Roosevelt Raytheon [RTN] sees major growth in a relatively new business area for them–the world of Indefinite Delivery/Indefinite Quantity (IDIQ) acquisition, according to a company executive. Since starting […]

By Ann Roosevelt The Army is using simulations to take advantage of the fact that today’s recruits are Internet savvy and multi-task oriented, according to the service’s top recruiter. "Absolutely […]

NASA Gives Contract Change To European Space Agency NASA has awarded a $27.5 million contract change to the European Space Agency Space Technology Center for further engineering on the International […]

By Ann Roosevelt The Government Accountability Office (GAO) Sept. 27 denied a protest by Raytheon [RTN] over the potential $2 billion Army-Air Force Joint Cargo Aircraft (JCA) program won by […]