Business/Financial
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Business/FinancialAmid Mounting Cyber Threats, Obama Seeks Voluntary Standards For Industry, Directs Government To Share Information
President Barack Obama on Tuesday issued his long-awaited Executive Order on cyber security, directing the federal government to share classified and unclassified threat information with critical infrastructure organizations while also […]
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Business/FinancialDuane Andrews Retiring From QNA, J.D. Crouch To Take Over
QinetiQ North America (QNA) yesterday said that Duane Andrews, its CEO since 2006, is retiring at the end of March and will be succeeded by J.D. Crouch, who is currently […]
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Business/FinancialLockheed Martin Sees Increased Sales From Placing Cross Domain Solutions On GSA Schedule
Lockheed Martin [LMT] has increased sales of its Cross Domain Solutions products since placing them on the U.S. General Services Administration’s (GSA) Schedule of products and services, a government contract […]
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BudgetAnalysts: Pockets Of Growth For Defense Industry
The defense-industrial base will still have ample contracting opportunities–despite the Pentagon’s shrinking budget–in areas such as cybersecurity and new innovations, analysts say. The defense industry is no doubt facing challenging […]
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Business/FinancialBoeing Finds Traction With Cyber Service Offerings
ANNAPOLIS JUNCTION, Md.—Cyber and network security products that Boeing [BA] developed internally and introduced in the past two years are increasingly gaining acceptance with customers in the United States and […]
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Business/FinancialL-3 Raises Dividend, Authorizes New $1.5 Billion Stock Buyback
With strong cash flow in hand and more to come, L-3 Communications [LLL] this week said it is raising its quarterly dividend by 10 percent and creating a new $1.5 […]
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Business/FinancialATK Posts Higher Profits On Lower Sales, Boosts Outlook
ATK [ATK] yesterday reported higher third quarter earnings due to the absence of a charge that hampered results a year ago while sales dipped mainly on the loss of the […]
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Business/FinancialHuntington Ingalls Advances Plans To Pursue Energy Construction Work At Avondale
Likely breathing new life into its Avondale shipyard, which the company currently plans to shut down later this year following delivery of a ship to the Navy, Huntington Ingalls Industries […]
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ArmyNSA Certifies General Dynamics’ New High Speed TACLANE-1G Encryptor
General Dynamics [GD] C4 Systems said its new TACLANE®-1G (KG-175G) encryptor is now certified by the National Security Agency (NSA) to secure classified information at the Top Secret level and […]
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ArmyBAE Systems To Complete New Facility At Holston Army Ammunition Plant
BAE Systems yesterday said it received a $27 million contract to complete construction of a state-of-the-art and energy-saving chemical processing facility at the Holston Army Ammunition Plant in Tennessee. The […]