Northrop Grumman

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Passwords obsolete under new security standards

The Obama administration urged the private sector Friday to develop methods that consumers can use instead of passwords to identify themselves online and, in some cases, in brick and mortar stores.

“The Internet has transformed how we communicate and do business,” said President Barack Obama in a statement accompanying release of a national strategy to safeguard identity on the Internet. Get the full story »

Boeing missile defense system fails 2nd test in row

A test of the sole U.S. defense against long-range ballistic missiles failed again Wednesday, the second failure in a row involving the system managed by Boeing Co., the Defense Department said.

“The Missile Defense Agency was unable to achieve a planned intercept of a ballistic missile target during a test over the Pacific Ocean (Wednesday),” Richard Lehner, an agency spokesman, said in an e-mailed statement. No preliminary explanation of the failure was provided. Get the full story »

Pentagon pressures Boeing, others to reduce costs

Lockheed Martin Corp. is moving to trim its executive ranks as the Pentagon, its biggest customer, pressures defense contractors to cut overhead costs on huge weapons programs. Lockheed said Tuesday it is offering directors and vice presidents financial incentives to leave voluntarily by Feb. 1.

Defense Secretary Robert Gates said last week that he wants to find savings among the roughly $400 billion the Pentagon will spend this fiscal year on defense contractors. The companies, which also include Northrop Grumman Corp., Raytheon Co. and Boeing Co., among others, provide the military with a wide range of weapons and services.