Business/Financial

By Geoff Fein The Navy recently wrapped up system integration testing on the USS Lincoln (CVN-72) strike group of a common computing environment that is serving as a risk mitigator […]

By Ann Roosevelt Lockheed Martin [LMT] has developed a rugged, Tactical Digital Assistant (TDA) handheld device for dismounted soldiers. The TDA combines the best design features of personal digital assistants […]

Cyber attacks rank as the top threat to the country’s security followed by terrorist activity, according to a survey of more than 250 security professionals taken by the security services […]

By Marina Malenic The Senate Armed Service Committee’s (SASC) version of the FY ’11 Defense Authorization Bill would fence funding for a multinational air defense development effort until the Defense […]

By Geoff Fein After Sunday’s first flight of its Navy version of the Joint Strike Fighter (JSF), Lockheed Martin [LMT] has now flown all three variants and is preparing to […]

By Calvin Biesecker Boeing [BA] and the Federal Aviation Administration [FAA] yesterday signed an agreement whereby the regulatory agency will take possession of two of the company’s ScanEagle Unmanned Aircraft […]

By Geoff Fein Ongoing maintenance issues with USS Freedom (LCS-1) will prevent the Navy’s newest surface combatant from participating in the Canadian Fleet Review later this month. "Due to emergent […]

By Geoff Fein Boeing [BA] is securing the rights to produce Finmeccanica’s AgustaWestland AW101 medium-lift helicopter in the United States, giving the Chicago-based company a third option for the Navy’s […]

Teledyne Technologies, Inc., [TDY] yesterday said it has acquired Optimum Optical Systems, Inc., a designer and manufacturer of custom optics and optomechanical assemblies used in tactical military imaging systems. Terms […]

By Calvin Biesecker SAIC [SAI] last Thursday reported higher income and sales in the first quarter driven by lower taxes, the favorable resolution of some tax uncertainties, and acquisitions. Net […]