Jim Benbow, former chief business development officer at DCS Corp., has been promoted to the CEO post while Chief Operating Officer Randy

New York-based Drone USA has signed a letter of intent to buy an unidentified West Coast-based supplier of machine parts,

Global aerospace and defense contractor Airbus Group will sell its 23.6 percent stake in Dassault Aviation and use money from the stock sales for

Paul Eremenko, CEO of Airbus Group™s A3 innovation center, will take over as chief technology officer of the aerospace and

The U.S. Navy has awarded a potential $73 million contract to Arlington, Virginia-based defense and space company Falconwood to provide

Precision Turbines has received a $45.8 million contract from the U.S. Navy to provide performance-based contractor logistics services for two UC-35C and

The GovCon Index attempted an afternoon reversal from its morning decline Thursday and closed at a nominal loss of 0.004 points to

Jennifer Chronis, a former vice president in IBM‘s (NYSE: IBM) federal business and 15-year “Big Blue” veteran, has joined cloud

Denmark will proceed on a plan to purchase 27 F-35A fighter jets for $3 billion total from Lockheed Martin (NYSE: LMT), Reuters

Lloyd Austin, former U.S. Central Command commander, has been elected to join United Technologies Corp.‘s (NYSE: UTX) board of directors. UTC