| Jun 13, 2011
| 2:59 PM
Defense contractor General Dynamics Corp. is warning state regulators that it will close an Aberdeen office over the summer and lay off 52 employees.
The state Department of Labor, Licensing and Regulation said it was notified by the company that the...
| May 5, 2011
| 1:52 PM
Sydney Wynne "Syd" Porter Jr., a noted physicist and radiation expert who was called to Three Mile Island, Pa., in 1979 after an accident destroyed a reactor in what proved to be the nation's worst nuclear incident, died April 23 of lymphoma at a...
| Jul 20, 2012
| 1:06 PM
Since 1899, the Coast Guard's shipyard at Curtis Bay has added years to the life of the sea-battered fleet, repairing and upgrading hundreds of cutters before sending them back on patrol.
So in 2002 when shipyard officials looked at the future and saw...
| Aug 20, 2014
| 2:17 PM
NEW DELHI (Reuters) - Some of India's biggest companies are pouring billions of dollars into manufacturing guns, ships and tanks for the country's military, buoyed by the new government's commitment to upgrade its armed forces using domestic factories....
| Apr 29, 2014
| 7:58 PM
With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead.
In the first quarter of this year, there...
| Apr 23, 2014
| 6:46 PM
Boosted by strong sales, Boeing Co. beat analysts' estimates for its first quarter largely because of faster production of commercial jetliners.
The Chicago aerospace giant reported a profit of $965 million, or $1.28 a share. That's down 12.7% from $1....
| Feb 24, 2014
| 6:26 PM
Major U.S. weapon makers watched their shares tick upward in trading Monday after the announcement of the Pentagon’s budget plan.
Defense Secretary Chuck Hagel outlined details on the fiscal 2015 budget request, which shielded large, big-ticket...
| Jan 24, 2014
| 10:01 PM
Nearly a quarter of a century after it began, one of the largest legal disputes in defense industry history was finally settled with two major weapons makers agreeing to pay the federal government $400 million in goods and services.
The U.S. Court of...
| Apr 2, 2012
Marianne Markowitz strolls through a hallway at the regional headquarters of the U.S. Small Business Administration in the Loop, not pausing to glance at the two official portraits, one of President Barack Obama, that are the only decor on a yawning...
| Aug 15, 2010
| 10:33 AM
Vivek Malhotra says the pending closure of Norfolk-based Joint Forces Command could wipe out 75 jobs at his company, VMD Systems Integrators Inc., or more than half of his total employees.
At Capstone Corp. in Virginia Beach, 110 of the firm's nearly 140...