Business/Financial

New Spy Satellite System Planned, To Cost Billions: Report The Department of Defense (DOD) is expected to procure spy satellites that likely will be based on commercial-sat architecture, in a […]

The Latest Word On Trends And Developments In Aerospace And Defense Movement Possible. A House leadership aide confirmed the House is likely to appoint conferees this week for the defense […]

By Jen DiMascio In about 14 months when a new president takes office, John Young, the newly confirmed under secretary of defense for acquisition, technology and logistics will in all […]

The Defense Advanced Research Projects Agency (DARPA) plans to host an industry day on an exploratory development program aimed at developing a highly accurate 50-caliber bullet at long distances against […]

By Ann Roosevelt iRobot [IRBT] is developing a new multimission modular robot called Warrior that can pull more of its weight in the soldier’s world and is expected to be […]

By Michael Sirak Raytheon [RTN] has launched an initiative called Global Intelligence, Surveillance and Reconnaissance (GO ISR) to leverage the company’s expertise and provide tailored information-gathering systems and integrated sensor-platform […]

Huckabee Uncertain On Mars, But Urges Space Program Growth Tancredo Opposes Exploration, Mars Mission On Budget Deficit Grounds Most presidential candidates have voiced no support for, or have outright opposed, […]

TEL AVIV, Israel— Elbit Systems [ESLT] on recently reported its consolidated results for the third quarter ending Sept. 30 with the company’s president and CEO saying recent acquisitions helped generate […]

Northrop Grumman [NOC] has successfully lifted the 25-ton mast onto the second Coast Guard National Security Cutter (NSC), putting the ship at 42 percent complete in the production process at […]

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With […]