Business/Financial

Boeing [BA] on Wednesday reported big drops in sales and earnings in its third quarter as it continues to struggle with the grounding of its 737 MAX passenger plane, which […]

General Dynamics [GD] on Wednesday reported strong third quarter financial results with contributions coming from across its business segments. Net income increased 7 percent to $913 million, $3.14 earnings per […]

Lockheed Martin [LMT] on Tuesday posted strong third quarter financial results driven by gains in three of its reporting segments and the company raised its earnings guidance for the year […]

The Pentagon remains on track to release a streamlined, updated version of its major systems procurement rules by the end of this calendar year, the department’s acquisition leader said Oct. […]

The Pentagon’s acquisition chief will not declare full rate production (FRP) for the F-35 Joint Strike Fighter by the end of this year, and a Milestone C decision could instead […]

Moving quickly in the wake of a major change in its original contract for a new medium-class cutter, the Coast Guard on Friday released a notional schedule for the revamped […]

AECOM [ACM] said on Monday it plans to sell its government contracting business for $2.4 billion to two investment firms rather than advancing its previous plan to spin the branch […]

The Navy on Tuesday awarded HPI Federal LLC, a potential $1.4 billion contract to provide it with various end user computer hardware as part of the Next Generation Enterprise Network […]

Dedrone, which develops and sells technology used to detect, track and identify small drones that may pose a threat to critical infrastructure or event security, has acquired a drone defeat […]

Northrop Grumman [NOC] successfully tested the AQS-24B minehunting sonar off the coast of Florida at double its last tested depth, over 400 feet, the company said. For the test, the […]