By Ann Roosevelt ATK [ATK] yesterday posted a strong start for the first quarter of its fiscal year driven by double-digit performance in its Armaments Systems segment, leading to greater confidence in the year and improving the full-year outlook. Net income for the first quarter of fiscal year 2010 ending July 5 was up 28 percent to $69 million, with earnings per share (EPS) at $2.09, 35 percent growth over the $1.55 a year ago. Sales for the quarter rose…
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Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave
Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off
Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]
Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia
As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]