Business/Financial

By Geoff Fein As the Navy looks ahead to restarting the Arleigh Burke class production line, the service is looking to introduce new capabilities that will enable future destroyers to […]

Applied Signal Technology, Inc. [APSG] on Wednesday said it has acquired Seismic LLC, a small cyber security solutions provider serving the Defense Department and intelligence community, in a deal that […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday posted a higher net income driven by lower pension expenses and higher operating income at its Aerospace, Shipbuilding and Technical Services segments, which […]

By Calvin Biesecker General Dynamics [GD] yesterday posted a slight increase in first quarter earnings due to higher operating margins even though its sales fell in its business jet unit […]

Northrop Grumman [NOC] on Monday evening said it will move its corporate headquarters from Los Angeles to Northern Virginia in the summer of 2011. "Our final decision was driven largely […]

By Calvin Biesecker L-3 Communications [LLL] yesterday posted a strong increase in its first quarter earnings despite relatively flat sales due to a lift in operating margins and lower pension […]

By Calvin Biesecker Raytheon [RTN] yesterday posted a scant decrease in its net income, which was held back by pension expense and a loss from discontinued operations while sales rose […]

By Calvin Biesecker Lockheed Martin [LMT] yesterday posted a slight increase in first quarter sales but earnings fell 18 percent primarily due to a charge related to the recently approved […]

By Calvin Biesecker Boeing [BA] yesterday posted a drop in first quarter net income due to an earlier reported charge stemming from a new healthcare law and sales slipped due […]

By Geoff Fein The Navy is facing a future with no budgetary growth and therefore must be vigilant in how it works contracts for the things it wants to buy, […]