Category: company balance

Urgent warnings have been circulated throughout Nato and the European Union for secret intelligence material to be protected from a recent surge in cyberwar attacks originating in China. The attacks have also hit government...

The U.S. Defense Department, the target of 300 million attempts daily to probe its computer networks, wants to require its contractors to report hacking that compromises sensitive information. Under a proposed regulation, companies would...

The incoming Coast Guard commandant has penned a remarkably honest and sometimes disturbing memo saying the service was “forced to make asset reduction decisions” in the 2011 budget without “full appreciation” of the operational...

The unmanned spy plane that Lebanon’s Hizbullah sent buzzing over Israeli towns in 2005 was loud and weaponless, and carried only a rudimentary camera. But the surprise flight by a regional terror group still...

The MoD is spending hundreds of millions of pounds a year on unproductive activities because it has commissioned more work than it can afford to pay for, says the Defence Select Committee in its...

Northrop Grumman is examining both competing Littoral Combat Ship (LCS) designs with an eye to possibly bidding as a second-source shipyard to build the small, fast warships for the U.S. Navy, the company’s top...

Finmeccanica SpA, Italy’s biggest defense contractor, said it is looking for a partner as the U.S. Defense Department restarts the process of replacing the ageing fleet of presidential helicopters. The group will respond with...

Capitol Police on Friday continued to maintain stringent security levels on Capitol Hill after a lone gunman shot and wounded three officers outside of the Pentagon on Thursday. Officers with the Pentagon Force Protection...

The U.S. Navy has selected Northrop Grumman Corporation for the development phase of the U.S. Navy’s Consolidated Afloat Networks and Enterprise Services (CANES) program. CANES will streamline and update shipboard network systems to improve...

EADS North America delivered its 100th UH-72A Lakota Light Utility Helicopter to the U.S. Army today, marking another on-time and on-budget achievement for a highly successful program that supports America’s warfighters and contributes to...

Data even more positive when compared to world stage * orders over 22 billion euros in both 2010 and 2011 * recovery in civil helicopter market by 2012 * Ansaldo Energia fate within next two...

A growing number of police departments are turning to mobile camera systems to fight motor vehicle theft and identify unregistered cars. The cameras read license plates of parked and moving cars — hundreds per...

The U.S. State Department has placed a “temporary administrative hold” on weapons export licenses sought by BAE Systems or companies using BAE Systems’ products, a State Department official said. BAE officials, however, said there...

Somali pirates hit a Spanish fishing boat off the coast of Kenya with a rocket-propelled grenade Thursday as private security on board returned fire at the would-be hijackers.  The successful defense of the fishing...