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Boeing Co's defense division expects to continue growing its research and development spending and operating margins in coming years, regardless of what happens with top line revenues, the head of Boeing Defense Space and Security said on Wednesday."We'll fight our way through this environment," Dennis Muilenburg told the company's investor conference.He said the company's programs were well aligned with the Pentagon's priorities and sales should be flat, despite an expected decline in overall U.S. defense spending.Combined with prospects for rising international sales, that meant Boeing's defense revenues would be stable to incrementally higher, Muilenburg said.(Reporting By Andrea Shalal-Esa; Editing by Gerald E. McCormick)...
U.S. weapons makers reported higher-than-expected profit and improved margins for the first quarter, even as revenue began to taper off after more than a decade of s...
Top weapons makers reported higher-than-expected profit and improved margins for the first quarter, even as revenue began to taper off after more than a decade of sh...
Reason Magazine editor-in-chief Matt Welch weighs in on the government's focus after the Boston Marathon bombings.
Congressman Alan Grayson (D-FL) talks to Alan about what progressives don't like about the president's budget plan.
FBN’s Tracy Byrnes breaks down the President’s budget proposal.
The U.S. budget deficit narrowed in March compared to the same month last year, as the government got more money from payroll and income taxes and had to spend less ...
New budget to raise taxes, cut deficit
Truck maker Oshkosh (NYSE:OSK) said Tuesday afternoon it plans to cut a total of 900 positions in its defense division starting in June, citing a decline in producti...
Huntington Ingalls Industries Inc. on Friday won a $2.6 billion contract to refuel and overhaul the USS Abraham Lincoln, a nuclear-powered Nimitz-class aircraft carr...
Institute for the Study of War senior naval analyst Chris Harmer on the U.S. conducting B-2 Stealth Bomber training missions as tensions rise with North Korea.
The French government said Tuesday it is selling part of the stake it owns in defense equipment maker Safran SA (SAF.FR) in order to invest elsewhere to help repair ...
The French government said Tuesday it is selling part of the stake it owns in defense equipment maker Safran SA (SAF.FR) in order to invest elsewhere to help repair ...
Below is the text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the U.S. economy to the congressional Joint Economic Committee on Wednesday.Chairm...
Rep. Chaffetz sounds off on accusations
Boeing Co could keep building its Super Hornet fighter jet and a modified electronic attack version through 2020, the company said, given prospects for over 200 fore...
April's U.S. budget surplus was bigger than a year ago and the federal government ran a much smaller deficit in the first seven months of the current fiscal year tha...
House Oversight Committee members weigh in
The U.S. economy expanded at a 2.5% pace in the first three months of 2013, up from 0.4% in the fourth quarter, as consumer spending rose at the fastest rate in two ...
The U.S. probably expanded at a 3.2% pace in the first quarter, up from 0.4% in the fourth quarter, according to economists polled by MarketWatch. The first of three...
