We have seen some incredible leaps forward in technical innovation. We also have seen some incredible leaps backward in other areas.

Wall Street can favor individual A&D companies or the sector as a whole, even as others lament mediocre program performance.

If not for a growing tailwind benefit of how Lockheed accounts for its pension liabilities, as well as its FX hedging and other asset-management accounting moves, its 2014 financial results and TPC scores would look worse.

Shareholders in aerospace and defense are reaping benefits more often associated with blue chip companies.

House to fund some Navy unfunded priorities, Virginia lawmaker keeps an eye on Uclass, more support for taking ATC out of FAA and aerospace companies collaborate with government space plans.

TPC rankings are the result of a composite scoring of four equally weighted performance categories that place significant emphasis on operating excellence.

Byron Callan ​Director Capital Alpha Partners Tom Captain Vice Chairman, Global A&D Sector Leader Deloitte Antoine Gelain ​Managing Director Paragon European Partners Steven Grundman ​Principal, Grundman Advisory Lund Fellow at the Atlantic Council Harlan Irvine Principal Deloitte

An unexpected threat to European air traffic is being posed by uncooperative military aircraft flying in busy international airspace.