Business/Financial

By Geoff Fein The USS Freedom (LCS-1) has been operating in the western Caribbean for a little over a month, and in that time the Navy has learned a bit […]

By Geoff Fein When the two forward ship service diesel generators (SSDG) on USS Freedom (LCS-1) stopped working earlier this month during her maiden deployment, the effort to repair the […]

By Geoff Fein The nation needs a new cyber security strategy with a clear statement on the use of key elements of governmental authority, according to a Microsoft [MSFT] official. […]

By Geoff Fein GeoEye, Inc. [GEOY] yesterday said it has selected Lockheed Martin [LMT] to build the geospatial imagery company’s next- generation, high-resolution Earth imaging satellite system known as GeoEye-2, […]

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 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 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 […]