Even as they showcased a sensor that can spot a gunman from more than six miles away, officials from a unit of L-3 Communications Holdings Inc. said they're seeing rising demand for non-defense applications.
's stock had its "buy" rating reiterated by equities researchers at TheStreet in a research report issued on Wednesday, StockRatingsNetwork reports.
Increased cyber espionage by China and recent leaks by a contractor working at the National Security Agency have put a sharp focus on cyber security for aerospace and defense companies showing off their wares at this year's Paris Airshow.
An industrial mechanic with General Electric Co., who is also allegedly a member of the Ku Klux Klan , designed a deadly, mobile radiation device that he tried to sell to Jewish groups and then to a southern branch of the Ku Klux Klan, according to a federal complaint unsealed Wednesday in Albany.
U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment.
Korean Air Lines Co., South Korea's top air carrier, said Wednesday it has signed a memorandum of understanding with Boeing Co.
With development and technology challenges on the Lockheed Martin Corp F-35 fighter increasingly under control, the company and the U.S. military are taking aim at a more vexing problem: the cost of flying and maintaining the new warplane.
A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s.
A HYPERSONIC space-plane, a jeep which could leap over enemy blockades and an aircraft able to take off and land vertically are some of the 1960s inventions unearthed from the archives of BAE Systems .
U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties said on Tuesday.
Bombardier Inc. has announced several orders at the Paris Air Show that could be worth up to US$2 billion if all options are exercised.
The Carnival Corp. has filed a lawsuit seeking more than $12 million in damage its cruise ship, Triumph, sustained in an early April windstorm.
EasyJet Plc agreed to buy 135 Airbus SAS jets worth about $13.22 billion at list price as Europe's No.
B2Gold Corp. . Up 22 cents, or 9.82 per cent, at $2.46 on 11.92 million shares. The gold sector was up 0.27 per cent at 190.87 points.
Jeff Immelt, chairman and CEO of General Electric Co. , speaks during a keynote address at the Minds + Machines 2012: Unleashing the Industrial Internet conference in San Francisco.
The U.S. manufacturer of the oft-maligned F-35 has signed a deal with a leading Canadian maker of flight simulators in anticipation of the Harper government choosing to stick with the controversial stealth fighter program.