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 News by Topics: Business

  1.  David McNew / Getty Images

    Boeing Boosts 2014 Profit Forecast After Strong Q2

    US aerospace and defense giant Boeing on Wednesday raised its full-year profit forecast after earnings soared 52 percent in the second quarter, lifted by increased jetliner deliveries.

    • Jul. 23, 2014
  2. Patrick Boissier DCNS

    Boissier To Leave DCNS Post Early; Guillou To Be Proposed as Successor

    Patrick Boissier, chairman and CEO of DCNS, has informed its main shareholders, the French state and Thales that he intends to ask the board of directors to cut short his term five months before the end of his tenure, to provide clarity on the designation

    • Jul. 2, 2014
  3. New Engine: ULA is starting the hunt for a replacement to the Russian-made RD-180 engine, used in the Atlas V launch vehicle. US Air Force

    Hunt for RD-180 Replacement Begins

    When the United Launch Alliance (ULA) announced on June 16 that it had reached an agreement with 'multiple' US companies to study a next-generation engine replacement, the joint venture took a big step to ward off challenges to its use of a Russian-made e

    • Jun. 23, 2014
  4. Finmeccanica CEO Mauro Moretti Finmeccanica

    Major Finmeccanica Companies To Become Divisions

    As part of a bid to centralize management and cut down on wasteful overlaps, Finmeccanica's new CEO, Mauro Moretti, is to transform the group's owned companies including AgustaWestland and Alenia Aermacchi into mere divisions.

    • Jun. 20, 2014
  5. Lockheed Martin CEO Marillyn Hewson announced plans to hike research and development funding. Stuart Ramson/Lockheed Martin

    Lockheed Plans To Boost R&D Spending

    Lockheed Martin plans to boost its internal research-and-development (R&D) spending by more than $30 million over the course of the year, Marillyn Hewson, the firm's chairman, CEO and president, said Monday.

    • Jun. 9, 2014
  6. A boarding team assigned to the Spanish frigate SNS Numancia mans a rigid hull inflatable boat. The US State Department has charged that a Spanish contractor importing night vision equipment intended for the Spanish Marine Corps illegally resold the devices. PH1 Bauer, Bart/US Navy

    US State Department Blacklists Spanish Arms Dealer; GD Caught in Fray

    A Spanish contractor importing night vision equipment intended for the Spanish Marine Corps and police agencies instead was illegally reselling the systems to security companies in that country, the US State Department charged late Thursday.

    • Jun. 6, 2014
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