Business/Financial

The European Aeronautic Defense and Space Co (EADS) defense and security division Cassidian yesterday said it developed an electronic defense system which, for the first time, will provide vehicles, ships […]

The ongoing sequestration negotiations between President Barack Obama and House Speaker John Boehner (R-Ohio) involve cuts large enough to avoid the “fiscal cliff,” including $100 billion in defense cuts, but […]

Engility Holdings [EGL] yesterday said that two of its executives will assume new leadership roles with the company once a new organizational alignment takes effect on Jan. 1, 2013. John […]

Congress is putting the final touches on legislation that would limit the Pentagon’s ability to award cost-type contracts to defense companies. The measure, in the final House-Senate defense authorization bill […]

High tech robot gifts from QinetiQ North America and RE2 Inc. has led the University of Texas at Arlington Research Institute to unveil its new Assistive Robotics Lab aimed at […]

The federal acquisition community remains in an “unabated crisis” and new approaches to solving persistent challenges in the community are needed now more than ever, the Professional Services Council (PSC) […]

The Air Force’s alternative fuels certification effort is on hold and “may go away” if the service doesn’t find more money to continue research. “We have run out of funding […]

Defense spending by countries in Europe has steadily declined since 2001 in constant Euros with the rate of decline accelerating the last few years, according to a new analysis by […]

Congress’ final defense policy bill pushes back on Pentagon plans to fund a controversial tri-nation missile-defense program and retire aircraft, while authorizing it to continue biofuel development, study an additional […]

Some defense contractors may stabilize during the upcoming downturn by spanning defense and commercial applications while others may become more viable in areas where there is only one competitor per […]