Global conflicts are going to sustain defense spending by governments, which will benefit defense contractors, one analyst said.» Read More
A Nashville ETF and robotics ETF are on a growing list of oddball market bets. We put them to the test: Do they hold up as investments?
The initial contract covers development and delivery of four Combat Rescue Helicopters based on the company's workhorse UH-60 Black Hawk, and caps nearly 15 years of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk rescue helicopters.
The contract covers development and delivery of four new Combat Rescue Helicopters and caps over a decade of repeated unsuccessful efforts by the Air Force to replace its aging fleet of HH-60G Pave Hawk helicopters.
High-tech business formation is happening in those states funneling dollars to R&D. Here's a look at states on the forefront of change.
Ground-Based Midcourse Defense weapons system designed to destroy incoming ballistic missiles launched by North Korea or Iran. The Pentagon's Missile Defense Agency has 30 ground-based interceptors at military bases in California and Alaska.
WASHINGTON, June 20- The Pentagon is restructuring a $3.48 billion contract with Boeing Co for management of the troubled U.S. homeland missile defense program, said two sources familiar with the situation.
*U.S. Navy names General Dynamics, Lockheed units "superior suppliers". WASHINGTON, June 13- The U.S. Navy on Friday named units of top arms makers General Dynamics, Lockheed Martin Corp and Raytheon Co as part of its list of the top-performing nine suppliers for 2014 based on their performance over the last three years.
NEW YORK, June 13- With the possibility of escalating violence in Iraq, stocks in the defense sector could garner more attention next week.
Expectations for modest stock market gains will make stock picking difficult, but here's how Goldman Sachs is putting money to work.
McKinsey sees a shortage of up to 200,000 workers and 1.5 million managers skilled with big data, leading companies and colleges to partner.
WASHINGTON, June 3- Northrop Grumman Corp has won a five-year contract valued at up to $9.9 billion from the U.S. Air Force to modernize and support the B-2 stealth bomber, the Pentagon announced on Tuesday.
*Companies to work with France, Italy, German governments. Airbus Group, France's Dassault Aviation and Italy's Finmeccanica said on Monday that they would work with the governments of Germany, Italy and France for up to two years to define those countries' requirements for an unmanned aerial vehicle, with a view to producing it by 2020..
Big firms are planning to cut the cash they put into employees' pensions this year. Investors are hoping to get their hands on the money instead—USAT.
It's Frank Kendall's job to write checks for programs that will shape U.S. defense forces for the next quarter century.
Wall Street says it looks for companies that are growing and investing, but it rewards companies that do the opposite.
Senate Intelligence Committee Chairman Dianne Feinstein, a California Democrat, and Vice Chairman Saxby Chambliss, a Georgia Republican, said they have circulated the draft to key stakeholders in its early stages to avoid the disagreements that have thwarted passage in the past.
These companies have been shrinking either due to dropping demand, evaporating pricing power or by reducing their size.
Some of Thursday's midday movers:
WASHINGTON, April 23- U.S. weapons maker Northrop Grumman Corp on Wednesday reported a higher-than-expected quarterly profit and raised its earnings forecast, despite a drop in sales and continued concerns about cuts in U.S. military spending.
WASHINGTON, April 23- U.S. arms makers complain regularly that lower Pentagon spending on ships, jets and other hardware will hit their earnings, but a string of better-than-expected results this week show that layoffs and cost-cutting have kept profits flowing, and growing.