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I connect the dots between the economy and business decisions...Defense spending reductions projected for 2015 frighten my fellow Forbes.com contributor Loren Thompson, who writes Weapons Cuts In 2015 Budget Leave Soldiers, Marines At Risk . I,
In a news release on Monday, the company said it recorded operating income of $457,000 compared with an operating loss of $2.2 million in the last nine months. Tel also said its sales climbed 91.2 percent to $11.3 million in the same period. The
As the world's biggest pure-play defense contractor, there's no doubt Lockheed Martin is a tough company. But lately, its business environment has been getting tougher as well. As defense budget cuts bit, Lockheed Martin announced plans to lay off 4,
Customs and Border Protection says a military flight was delayed at Bangor International Airport for hours because defense contractors lacked paperwork for their military gear. The episode began Sunday evening when the flight with 102 soldiers and
One of America's biggest defense contractors, Boeing sold $32.6 billion worth of defense, space, and security products in 2012. This month, Boeing published a tally of all the hi-tech arms it's shipped out to military customers in calendar year 2013.
The engineer had attempted to ship stolen documents on the F-35 Joint Strike Fighter to Iran in November. The little-reported story adds to the list of challenges facing the F-35 and possibly U.S.-Iranian relations...The defendant, Mozaffar Khazaee,
a $574.5 million contract to build Aegis Weapon System MK 7 equipment sets last week, you heard about it right here . Aegis-equipped guided missile destroyer USS Hopper (DDG 70), firing off a boomstick. Source: Wikimedia Commons But just to be safe,
Conn. (AP) Connecticut federal prosecutors say a former defense contractor engineer has been charged with stealing proprietary information about the Air Force F-35 Joint Strike Fighter Program and military jet engines that he tried to ship to Iran...
including the director of naval intelligence -- are under investigation as part of a major bribery scandal involving a foreign defense contractor, Navy officials announced Friday night...Ted "Twig" Branch, the service's top intelligence officer, and
The Times-Union Ryland Reamy (left), vice president of operations for Orion Solutions, talks with Donald Bodin of TSM Corporation during the First Coast Defense Expo on Oct. 16 at Cecil Airport Acrylic containers house a series of cables surrounded