Spotlight On Defense

The decorated military official was tapped to join the wireless provider's board and assume the newly-created position of security director.

BlackBerry shares rallied after the Pentagon said its new mobile program for unclassified work will predominantly use the Canadian company's smartphones.

There is no escaping the reality that the consequences of cyber attacks are costly, on the rise, and uncomfortably cheap to conduct.  It is more important than ever then for companies – especially at the C-suite level – to become knowledgeable cybersecurity consumers.

From metal detectors to sleek surveillance cameras, police have come a long way overcoming security concerns at monstrous gatherings. But with crowds erupting in record-shattering roars, communication can still be a problem.

New sensors being developed and tested by scientists sponsored by the European Union may one day help track down illicit bomb (even drug factories) at their point of inception.

As a replacement is chosen for outgoing Defense Secretary Chuck Hagel, some important questions should be asked of the nominee to replace him.

Raytheon’s chief operating officer Thomas Kennedy will take the reins as the defense contractor’s chief executive on March 31 as long-time CEO William Swanson prepares to retire.

Smith & Wesson reported booming sales in its most recent quarter, and the gun maker raised its guidance for the second time in two months amid a fresh buying frenzy.

United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co , on Friday said 12 executives would leave the company in December under a voluntary layoff, a 30-percent reduction in executive ranks.

Lockheed Martin chief executive Marillyn Hewson was given the additional title of chairman, replacing Robert Stevens.

Raytheon's third-quarter earnings fell 2.8% amid declining revenue, but the defense contractor lifted its outlook after topping forecasts.

United Tech said it will be forced to furlough thousands of workers at its aerospace businesses if the government shutdown lasts until next week.

The security consulting firm saw its shares slide after one of its employees owned up to leaking secret data about National Security Agency programs.

The defense heavyweight raised its dividend by 11% to 61 cents a share on the heels of last month’s better-than-expected earnings.

Sturm Ruger, which booked a large increase in sales during the holiday quarter, said the presidential election will drive gun demand in 2016.

Sturm, Ruger & Co. recorded a 45% surge in 3Q sales amid robust demand for new firearms, lifting the gun maker’s profit.

United Technologies reported a 1.2% improvement in its third-quarter profit, driven by stronger Otis and aerospace sales.