Smith & Wesson Boosts Outlook Amid Obama’s Gun Control Push
Shares of gun makers are hitting lifetime highs ahead of President Obama’s plan to tighten up gun laws.
Obama’s New Deal: Manufacturing Institutes Announced
Hoping for a manufacturing comeback, the White House will announce two more hubs in an effort to spur job creation and revitalize the sector in the U.S.
Report: Orbital Sciences faces risks in resuming space station shipments after 2014 explosion
A new government report says one of NASA's two commercial suppliers faces an uphill struggle in resuming deliveries to the International Space Station.
Firm gets $27M in Carolina road projects despite links to company barred from state contracts
A newly formed highway construction company has landed more than $27 million in new government projects across the Carolinas despite its deep ties to a discredited North Carolina paving firm barred from bidding on state contracts.
Boeing names its new Apollo-style spacecraft the Starliner; crew capsule to fly in 2017
Boeing already has the Dreamliner.
Army awards $6.7 billion contract for tactical vehicle to Wisconsin's Oshkosh Defense
Wisconsin-based Oshkosh Corp. has won a major contract to build a new combat vehicle to replace a large share of the military's Humvee troop carriers.
AM General starts building Mercedes SUV at Indiana plant, hopes other automakers will follow
Black Mercedes-Benz R-Class SUVs rolled down the AM General assembly line Tuesday interspersed with white MV-1 wheelchair-accessible vans as workers began producing vehicles for the German automaker, a scene company officials believe is a sign of hope for the northern Indiana auto plant where Hummer H2s once were made.
Boston company plans to offer nation's first private passenger rail line in decades
A Boston company wants to offer the first private passenger rail line in the nation in more than 30 years, reviving a once-popular business model that was stopped dead in its tracks decades ago.
After rocket explosion, Orbital agrees insure and help repair damaged Virginia-owned facility
An aerospace company that uses a state-owned launch pad at Wallops Island in Virginia will help pay for repairs to the facility from an October rocket explosion and will also insure the launch pad, company and state officials said Thursday.
United Tech says Justice Department probes Sikorsky on Navy contract overbilling accusation
United Technologies Corp. says the Justice Department has launched a criminal probe into allegations that subsidiary helicopter maker Sikorsky and two subsidiaries overbilled the Navy on a contract.
Federal appeals court upholds ban on government contractor political donations
A federal appeals court on Tuesday upheld a ban on government contractors donating money to federal candidates or political parties, a prohibition that has been on the books for 70 years.
A state-by-state look at governors' trade trips abroad, their costs and results
U.S. governors have taken or scheduled about 80 trips abroad since the start of 2014, generally focused on boosting exports or recruiting businesses to their states.
Analysts see several missteps leading to Colt's bankruptcy filing; iconic gun maker owes $500M
Analysts are citing several reasons behind Colt Defense's bankruptcy filing, including struggles to recover from the loss of military business, failure to capitalize on consumer interest in guns and problems in other markets.
Italian navy orders 6 patrol boats and support ship from Italian defense firm and shipbuilder
The Italian navy has placed a 3.5 billion euro ($3.9 billion) order for six patrol boats capable of high seas rescues and a support ship as part of a program to upgrade its fleet.
Ex-Army colonel negotiated job with defense contractor that had business with his office
A retired Army colonel has pleaded guilty to negotiating his post-military employment with a helicopter company that did business with the Defense Department office he managed.
Ex-FBI agent given 10 years after pleading guilty to derailing Afghan scheme investigation
A former FBI agent accused of trying to derail a Utah investigation into an alleged defense contractor kickback scheme was sentenced to 10 years in prison Monday.
House passes bipartisan Amtrak bill that could boost Northeast Corridor service
The House has passed a bill that could boost Amtrak service in the popular Northeast Corridor while giving states more authority over the routes they help subsidize.
Feds award $134.5M contract to dredging company to begin Savannah harbor expansion
The federal government Wednesday awarded a $134.5 million contract to begin deepening the river channel ships use to reach the busy Port of Savannah, meaning the long-sought harbor expansion can begin as soon as the contractor gets its dredging equipment in the water.
Madison Paper joins complaint against Canadian mill; seeks higher import duties
Madison Paper Industries has joined a Minnesota paper mill seeking higher import duties on a special publishing paper made by a Canadian mill.
Navy reprimands 3 rear admirals for accepting gifts in case linked to massive bribery probe
The secretary of the Navy has reprimanded three rear admirals in a case linked to a massive bribery scandal, but they won't face criminal charges.

