Navy Drone Nails First Landing on Aircraft Carrier
The U.S. Navy completed the first-ever landing of an unmanned drone on an aircraft carrier, as the Northrop Grumman plane piloted itself onto the deck of the USS George H.W. Bush.
Northrop Grumman Sales, Earnings Beat Forecasts
The weapons makers reported net earnings of $489 million, or $2.03 per share, compared with $506 million, or $1.96 per share, a year earlier.
Post-Bankruptcy, Colt Wants a Bigger Piece of Gun Sales
The new and improved Colt is determined to put its financial troubles in the past, and the key to success will be the iconic brand’s consumer firearms.
Lockheed Looking to Conquer Global Markets
It's already the biggest U.S. weapons maker, but now Lockheed wants to become a powerhouse in foreign markets.
Rocket Explosion Hangs Over Orbital Sciences Merger
Alliant Techsystems is taking a second look at its merger with Orbital Sciences, whose unmanned NASA rocket exploded after liftoff Tuesday night.
Boeing Posts Higher Earnings, Raises Outlook
Boeing recorded 17% earnings growth in the third quarter and again raised its full-year outlook amid surging demand for commercial jets.
Smith & Wesson Fined $2M Over Foreign Bribery Charges
Smith & Wesson agreed to pay a $2 million fine to settle charges that employees and reps. paid foreign officials to win supplier contracts.
Gun Buyers Scoop Up AK-47 Rifles After New Sanctions
Following another round of sanctions, demand for Russian-made firearms like the AK-47 rifle has picked up in recent days.
United Tech Wins $1.3B Air Force Helicopter Contract
United Tech's Sikorsky unit was awarded a $1.28 billion contract to develop new combat search and rescue helicopters for the U.S. Air Force.
Smith & Wesson Ignites Selloff With Tepid Outlook
Smith & Wesson ignited a selloff after reporting a slight drop in fourth-quarter earnings and a disappointing outlook for the new fiscal year.
Northrop Hikes '14 Outlook as Earnings Top Views
Northrop Grumman overcame weaker sales to book an 18% increase in its first-quarter earnings, beating Wall Street estimates.
Boeing 1Q Earnings Fly Past Estimates
The aerospace behemoth revealed adjusted first-quarter profits that easily beat Wall Street views, while sales also topped expectations.
Lockheed Martin Overcomes Lower Sales, Books 23% Profit Growth
Lockheed Martin posted a 23% jump in operating profit and earnings per share in the first quarter, and raised its full-year earnings outlook.
United Tech 1Q Profit Slumps Despite Sales Growth
United Tech's profit declined 4.2% in the first quarter, as restructuring costs overshadowed sales growth for the company’s defense and construction businesses.
Geopolitical Tensions Invade Cyberspace
The tug-of-war over Ukraine has seeped into the cyber realm, marking the latest example of geopolitical conflicts increasingly playing out in cyberspace.
Navistar's 1Q Loss Widens as Sales Drop
Navistar reported a larger first-quarter loss amid lower truck volume in North America.
Honeywell Sees Up to $51B in Sales by 2018
Honeywell expects to book double-digit earnings growth through 2018, as the company looks to boost annual sales to $51 billion.
Gun Sales Lift Smith & Wesson to 3Q Beat
Smith & Wesson's net income for the 3Q surged 42.6%, as the gun maker benefited from heftier margins and stronger demand for firearms.
From NSA to Gmail: Ex-Spy Launches Free Email Encryption Service
Seizing on elevated privacy concerns sparked by the NSA scandal, startup Virtru provides a free email encryption service
General Dynamics Turns 4Q Profit
General Dynamics swung to a profit in the fourth quarter, a year after a significant write-down pressured earnings.



















