The U.S. joined a whistle-blower lawsuit against the firm whose background checks helped National Security Agency leaker Edward Snowden and Washington Navy Yard shooter Aaron Alexis get security clearances.
The Pentagon weathered the first year of automatic budget cuts through a “short-term response,” including delays in modifying and developing weapons that may cost more later, the Government Accountability Office found.
The biggest U.S. defense contractors, led by Lockheed Martin Corp. and Northrop Grumman Corp., have endured federal budget cuts and a partial government shutdown with little harm so far to their profits.
Computer Sciences Corp., a provider of technology consulting to governments and companies, fell the most in more than five months after signaling that an accounting probe by the Securities and Exchange Commission is escalating.
BAE Systems Plc, Britain’s biggest defense company, has tested its first combat drone with jet fighter-like capabilities, stepping up European efforts to close a 10-year gap to the U.S. in developing a new class of warplane.