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Defense Cuts to Clip Lockheed's Wings?

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?

Are U.S. Defense Contractors Abandoning California?

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.

Inside Job Possible in Google Cyber-Attack

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.

Defense stocks: No longer a sure thing

For most of the Bush era, defense stocks seemed pretty close to a sure thing. Those days are over and are not coming back any time soon, according to...