Following Congress's debt deal, the Pentagon faces up to $600 billion in cuts, on top of $400 billion previously demanded by the president. What might this mean for Lockheed Martin, the contractor whose F35 Joint Strike Fighter -- intended to be a "cost effective" project -- has already become a fiscal and logistical disaster?
Boeing's plan to relocate two major defense programs from California to Oklahoma could signal the start of a major shift in the locations of defense contractors, and how they work. For the areas attracting the companies, it's about jobs. For the contractors, it's about remaining competitive.
Northrop Grumman depends on government contracts for more than 90% of revenue, making talk of cutting the budget deficit a prickly subject. Here's how the defense contractor plans to stay in the game and how it will affect earnings.
Google is now investigating whether some of its own employees helped carry out the recent cyber-attack in China, which exposed Gmail accounts of U.S. companies and Chinese dissidents. News reports also say foreign reporters based in China were targeted by the hackers, too.
