The business of war is profitable. In 2011, the 100 largest contractors sold $410 billion in arms and military services. Just 10 of those companies sold over $208 billion. Based ... Read Full Story »
A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters) Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account offline ... Read Full Story »
The repair problems that Airbus faces for its A380 superjumbo are far from over. The manufacturer’s executive vice president, Tom Williams, told Der Spiegel that “The problem will keep us busy ... Read Full Story »
United Parcel Service (NYSE: UPS) will take over TNT Express for $6.85 billion. (Reuters) Apple (NASDAQ: AAPL) to announce plans for its $100 billion in cash. (Reuters) Dell (NASDAQ: DELL) ... Read Full Story »
The Stockholm International Peace Research Institute issued its report on arms imports and export trends from 2007 to 2011. The agency writes The volume of international transfers of major conventional ... Read Full Story »
Global sales of arms and military services by the 100 largest defense contractors increased in 2010 to $411.1 billion, according to the Stockholm International Peace Research Institute. The increase reflects ... Read Full Story »
America is the arms merchant to the world and is likely to sell $50 billion in weapons this year. Business may not be as good in the near term, however. ... Read Full Story »