Spotlight On Defense

Britain's government says it will pay some 224 million pounds ($373 million) to defense firm Raytheon Systems Ltd. for unlawfully ending a contract for a program meant to collect information in advance about passengers traveling to and from Britain.

The truck maker plans to cut a total of 900 positions in its defense division starting in June, citing a decline in production amid reduced DoD budgets.

Twitter is suing the FBI and the Department of Justice to be able to release more information about government surveillance of its users.

A video game distributor says Thailand's film and video censors have banned a city-building simulation game for computers because it could hurt the country's security.

Lockheed Martin's CFO said he was hopeful 2014 would mark a 'bottoming out' in U.S. military spending, with budget agreements providing a more stable outlook. United Swings to 4Q Profit | Futures Lower Ahead of Data, Earnings | 

Northrop Grumman agreed to buy the defense unit of Qantas Airways, as the military contractor seeks to increase its international exposure.

The U.S. Dept. of Veterans Affairs was hit with a federal lawsuit on behalf of seven veterans who allege they have waited years for records needed to file for disability benefits.

URS blamed the government’s partial shutdown for having to temporarily furlough 3,000 employees.

The fallout from the NSA's spying programs are hurting U.S.-based technology companies and their ability to attract foreign business. 

In the wake of new regulations in their northern home states, gun makers like Remington and Ruger are going to the Carolinas, Alabama and other areas in the South for a place to open up shop.

A Pentagon proposal to ax the Air Force’s entire fleet of A-10 Thunderbolts is receiving criticism from multiple fronts with questions over how the move will impact military bases and defense contractors.

Gun stocks are soaring once again, and the fight for the White House is expected to help fuel sales in 2016.

The hacktivist operation is the latest in a long line of threats against Western and capitalistic targets. 

The size of cyber attacks that aim to overwhelm websties with massive amounts of traffic surged nearly 700% in the first quarter, a new report reveals.

In a blow to the U.S. defense industry, Chinese hackers have reportedly stolen confidential details on highly-sensitive advanced weapons systems.

The networking gear market tumbled 18% and spooked related stocks by issuing a bleak second-quarter profit warning.

Military spending accounts for 22% of the Federal budget. Get insight into how that money is being spent.

Lockheed Martin will freeze its current pension plan for salaried workers in the U.S., detailing plans to begin moving those employees to a defined contribution program in 2016.

Friday was a huge day for the market. But did anything really change? Plus, is now the time to buy gun stocks?

Wall Street was higher on Monday as traders around the world grappled with the devastating terror attacks in France last week.