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U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit, helped by cost cutting and favorable pension adjustments, and maintained its full-year forecast.
Washington-area defense contractors saw revenue fall in the second quarter, but profits increased as companies cut costs to cope with a reduction in government spending.
Gate 1 Travel, a leader in affordable and international travel, is... )--FortinetA , a global leader in high-performance network security, today announced financial results for the second quarter ended June 30, 2014.
Struggling with long delays in its CSeries jetliner, aircraft maker Bombardier Inc on Wednesday announced it will reorganize its business structure and cut 1,800 jobs, and it said the head of its aerospace division would retire.
Every year a new design is plastered over all things Water Follies. For ten years running now, the logo has been created by a team at Lockheed Martin.
A test flight version of the Dream Chaser space plane being built by Louisville-based Sierra Nevada Corp. Space Systems.
Bombardier Aerospace CEO Guy Hachey is casualty of the corporate restructuring that will result in the loss of 1,800 jobs.
The vehicle being built by The Boeing Co. to launch people to near-Earth destinations such as the Moon and Mars is making solid progress.
The Boeing Co. on Wednesday reported a second-quarter after-tax charge of $272 million on its KC-46A tanker.
Sagging sales and a charge for the disposal of a business unit hurt General Dynamics Corp's earnings in the second quarter.
Jeff Immelt is CEO of General Electric, which has created several new businesses in the Albany, New York region over the past decade.
Rising international tensions over the shooting down of a passenger jet in the Ukraine are taking their toll on talks between Bombardier Inc. and its Russian joint venture partners for a $3.4-billion turboprop project in the country.
DHX Media Ltd. . Entertainment. Up seven cents, or 0.98 per cent, to $7.20 on 7.4 million shares.
Imaging company FLIR Systems , which is known for military and industrial cameras and sensors, is moving further into the consumer market with a new device that will turn an iPhone 5 or iPhone 5 into a thermal imaging camera.
Japan is emerging as a major player in the global race for military drones, according to DefenseOne.
ENTHUSIASTS have been given the chance to climb aboard a 1,500mph fighter jet built in East Lancashire - via an app on their phones.
Lockheed announced earlier this month that it would freeze its pension plan. So how does its 401 stack up by comparison? Photographer: Andrew Harrer/Bloomberg Lockheed Martin Corp. is the latest company to announce it is freezing its pension plan - not too long after competitor The Boeing Co.
Updated: Thu Jul 24, 2014 07:56 am
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