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Northrop Grumman first-quarter earnings and sales missed analysts’ estimates as delayed awards and higher-than-expected costs ...

"It's definitely a throwback to mid-20th century management thinking," said Rich Brady, CEO of the Society of Defense Financial Management.

Historically, these reports are intentionally vague and conveniently oversimplified. This year’s announcement is no different ...

U.S. military branches are being told to find budget cuts to offset the proposed $50 billion increase in defense spending.

The Chinese Defense Ministry urged the U.S. to "break away from the obsession with hegemony at an early date." ...

Japan, a key United States treaty ally, is expected to spend nearly 2 percent of its GDP on defense this year, as it faces ...

Opinion: The defense budget is the place to stop the decline in the Air Force's size and capabilities and begin its ...