Aerospace-Defense News

The US Navy's MQ-4C Triton aircraft, powered by a Rolls-Royce AE 3007 engine, successfully completed its first flight on May 22, 2013.

An unmanned jet built for the U.S. Navy's high-altitude maritime surveillance missions made its first flight on Wednesday, officials said.

The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $21.50 per share - giving the company a market value of about $2.5 billion.

General Electric is considering spinning off parts of its finance unit through an initial public offering as CEO Jeffrey Immelt works to shrink the business.

Another week and another set of earnings in the industrial space that confirms the curious bifurcation in the sector.

U.S. Secretary of State John Kerry hailed on Wednesday what U.S. officials said was an estimated $2.1 billion deal for Oman to buy a ground-based air defense system from U.S. defense contractor Raytheon Co.. "I wanted to come here to be able to thank you and to celebrate with you the Raytheon initiative for the $1.6 billion dollar ground based air ... (more)

Through a labyrinth of hallways deep inside a 1950s-era building that has housed research that dates back to the origins of U.S. space travel, a group of scientists in white coats is stirring, mixing, measuring, brushing and, most important, tasting the end result of their cooking.

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It was surely one of those moments where NASA could hardly wait to tear off the shrink wrap.

First cyberspace and now outer space. Hanscom Air Force Base , by virtue of the surrounding intellectual capital and scientific industry, has long been a leader in cutting edge defense systems.

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According to weekend newspaper reports, Sir Roger Carr -- currently chairman of Centrica -- is being lined up as the next chairman of BAE Systems plc .

Arms manufacturer BAE Systems was ordered to pay 350,000 in fines and costs at Hull Crown Court today following the death of a worker who was crushed by a 145-tonne metal press.

CEO Louis Chenevert told analysts Tuesday that airline profitability looks better for 2013 than in recent years.

One of the most highly anticipated shareholder meetings of 2013 came and went with Dimon seemingly even more entrenched in his roles as chairman and CEO after just 32.2% of shareholders called for an independent chairman at the company's annual shareholder meeting in Tampa, Fla.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon won approval from investors to keep his chairman title in preliminary voting ahead of today's shareholder meeting, according to two people with knowledge of the tallies.

The U.S. Air Force is expected to pick a winner this summer to build an advanced radar system capable of tracking an estimated half a million pieces of manmade space junk, floating in orbit, before it can threaten satellites used for navigation, weather and communication.

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The firm currently has a "buy" rating on the stock. Astronics traded down 2.89% on Monday, hitting $32.31. Astronics has a 1-year low of $19.25 and a 1-year high of $33.00. The stock's 50-day moving average is currently $28.00. The company has a market cap of $468.8 million and a price-to-earnings ratio of 20.66. Astronics last posted its quarterly ... (more)

Fire-Lite Alarms by Honeywell announces its new Emergency Command Center has earned the top Mass Notification System award in the Security Industry Association's New Products Showcase competition .