Spotlight On Defense

Boeing Co. said Tuesday it would cut 500 net jobs over the next four years from its defense and space business in Southern California as it shrinks work at its Huntington Beach facility and closes two smaller plants in Texas and Virginia.

Boeing Co. said Tuesday it would cut 500 net jobs over the next four years from its defense and space business in Southern California as it shrinks work at its Huntington Beach facility and closes two smaller plants in Texas and Virginia.

Iran is on the road to economic recovery as Western companies finally begin to reinvest in the region. These are the companies that could lose big if Trump changes course on U.S. relations with Tehran.

Iran is on the road to economic recovery as Western companies finally begin to reinvest in the region. These are the companies that could lose big if Trump changes course on U.S. relations with Tehran.

Defense contractors rallied on the morning after Donald Trump became president-elect.

Defense contractors rallied on the morning after Donald Trump became president-elect.

Smith & Wesson wants to change the name of its holding company to American Outdoor Brands, reflecting the gun maker’s effort to invest in other products.

Smith & Wesson wants to change the name of its holding company to American Outdoor Brands, reflecting the gun maker’s effort to invest in other products.

A Donald Trump presidency should be a welcome sign for the companies that supply the U.S. military with weaponry, technology and more.

A Donald Trump presidency should be a welcome sign for the companies that supply the U.S. military with weaponry, technology and more.

Sturm Ruger (NYSE:RGR) saw the 2016 presidential race power a surge in gun sales during the summer.

Sturm Ruger (NYSE:RGR) saw the 2016 presidential race power a surge in gun sales during the summer.

Cabela’s saw strong demand for guns during the third quarter, reflecting an industry-wide surge before the presidential election.

Cabela’s saw strong demand for guns during the third quarter, reflecting an industry-wide surge before the presidential election.

Boeing reported a 33.7 percent rise in quarterly profit, and raised its commercial airplanes delivery forecast for the year.

Boeing reported a 33.7 percent rise in quarterly profit, and raised its commercial airplanes delivery forecast for the year.

AT&T, Time Warner make it official -On Saturday AT&T (NYSE:T) announced it was buying Time Warner (NYSE:TWX) for $85.4 billion, the biggest deal of the year.