Business/Financial

By Calvin Biesecker ATK [ATK] yesterday announced a realignment of its business groups, including the addition of a new one that will serve the law enforcement and sporting markets, naming […]

By Calvin Biesecker Orbital Sciences Corp. [ORB] last Thursday said it has agreed to acquire the spacecraft development and manufacturing business of General Dynamics [GD] for $55 million, giving the […]

By Geoff Fein The USS Freedom (LCS-1) returned to duty Wednesday after making repairs to one of two downed ship service diesel generators (SSDG) during a scheduled refueling stop in […]

By Geoff Fein As the Navy and the shipbuilding industry prepare to move toward producing two Virginia-class submarines per year, all eyes are looking ahead to the next-generation ballistic missile […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday introduced a new suite of software management tools it is offering to utilities, system operators and defense customers to give them more insight […]

By Geoff Fein The Navy yesterday awarded Lockheed Martin [LMT] $14.9 million and Northrop Grumman [NOC] $17.4 million contracts for the Consolidated Afloat Networks and Enterprise Services (CANES) system, a […]

By Geoff Fein As the Marine Corps continues to make a case for sea basing, service officials can point to the ongoing humanitarian assistance operations in Haiti as proof that […]

General Dynamics [GD] yesterday said its board of directors has approved a nearly 11 percent increase to its quarterly dividend, boosting the payment four cents to 42 cents per share […]

By Ann Roosevelt FT. LAUDERDALE, Fla.–Disruptive technologies can be fielded to soldiers more quickly, a top robotics official said. Procurement of disruptive technologies can be accelerated, said Helen Greiner, CEO […]

By Geoff Fein The General Dynamics [GD] variant of the Littoral Combat Ship (LCS) uses less fuel per hour during higher rates of speed than the Lockheed Martin [LMT] vessel, […]