Lockheed Martin said rising military sales related to the wars in Iraq and Afghanistan pushed first-quarter profits higher. Delays at shipyards along the Gulf of Mexico hurt first-quarter profits at Northrop Grumman.
San Jose International Airport says it wants the Registered Traveler program, but some other airports have decided against it. The Air Transport Association does not believe the program is a good use of resources and instead wants the Transportation Security Administration to improve the overall screening process.
The National Transportation Safety Board is urging the Federal Aviation Administration to change the way it approves new airplane designs. Problems with the approval process contributed to four crashes, the NTSB said.