The Pentagon's chief weapons buyer said Thursday the Bush administration's long-term military budget plan calls for increased defense spending in future years.

Air safety investigators are exploring whether interference from a U.S.-Australian naval transmitter or even a passenger's laptop caused a Qantas jetliner to nose-dive twice over the Australian coast last month, an official said Friday.

By Andrew Thompson

Wal-Mart Stores Inc. has signed on to an Army Reserve program that allows the company and the Army to work together to recruit and train people interested in serving in the military and working for the giant retailer.

Wal-Mart Stores Inc. has signed on to an Army Reserve program that allows the company and the Army to work together to recruit and train people interested in serving in the military and working for the giant retailer.

Rockwell Collins Inc., a maker of electronics and aviation systems for the aeronautics industry and the military, said Monday it is laying off 300 workers and implementing other cost-cutting measures.

Boeing Co. and Textron Inc. are the latest partners to challenge the government's selection of three other teams to build a lightweight tactical vehicle to replace the once mighty Humvee, company and Marines Corps officials said Tuesday.

The Army said Monday that it has awarded a $39 million contract to Northrop Grumman Corp. for work on an unmanned aerial vehicle system.

Earnings season continued to be a rough ride for Wall Street, with a handful of big-name companies either issuing gloomy outlooks or missing projections altogether.

Shares of some top aerospace companies were down at the close of trading:

Shares of some top aerospace companies are mixed at noon:

Shares of some top aerospace companies are mixed at 10 a.m.:

The Defense Department will wait until the next administration to award a disputed $35 billion contract to build a new fleet of aerial refueling tankers.

Boeing signaled it will remain in the competition for a disputed $35 billion Air Force tanker contract, saying talks with the Pentagon were the start of a "continuing dialogue."

Boeing has announced the first cancellation of an order for its delayed 787 Dreamliner, signaling that airlines may be getting impatient for deliveries of the new, fuel efficient plane.