PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International Corp. (NYSE: AIN) announced today that its subsidiary Albany Engineered Composites, Inc. (AEC) has been awarded multiyear contracts from ...

Months after Pakistan used a Chinese-made ultra-long-range missile to shoot down Indian fighters, US Air Force and Navy funding requests show they may soon get their own advanced weapon after eight ...

For years, rumors of China's new "carrier-killer" DF-21D Dong Feng missile have had U.S. military planners in a tizzy. Believed to have an effective range of as much as 1,200 miles -- miles the ...

Lockheed Martin Corp. (NYSE:LMT) reported $1.8 billion in charges in the second quarter, led by a classified Aeronautics program and two Rotary and Mission Systems projects, prompting Bank of America ...

Lockheed Martin is currently working on modifying its long-range air-to-surface missiles to become air-to-ship capable — but the company argues that it can also be launched for ship-to-ship ...