Business/Financial

BAE Systems will develop an interim all-quadrant defensive weapon system for the Air Force’s CV-22 Osprey aircraft, the company reported. The $491,000 contract awarded earlier this month by the U.S. […]

General Dynamics [GD] European Land Systems recently said its General Dynamics Santa Barbara Sistemas operations in Spain has signed a $64 million contract with the Spanish army for the supply […]

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 Metropolitan Washington Airports Authority yesterday selected Verified Identity Pass to be the Registered Traveler (RT) Service Provider for both Dulles International and Ronald Reagan Washington National Airports, further boosting […]

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 […]