Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Homeland SecurityPort Official Says Feds Want Ports To Pick Up Sustainment Costs For Radiation Portal Monitors
Customs and Border Protection (CBP) is trying to negotiate with ports authorities around the countries to get port operators to pay for the costs of sustaining radiation detectors that the […]
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Business/FinancialOrbital ATK Posts Solid Third Quarter
Boosted by a settlement last month with a supplier, Orbital ATK [OA] on Tuesday posted solid third quarter financial results and the company increased its top and bottom line guidance […]
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Business/FinancialPrivate Equity Firm Blackstone To Acquire MB Aerospace
The private equity firm Blackstone Group [BX] on Monday said it has agreed to acquire aerospace engine component manufacturer MB Aerospace from another investment firm, Arlington Capital Partners. Terms of […]
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CongressMcConnell Sets Votes On CISA And Related Amendments For Tuesday
After the Senate voted on Thursday to permit debate to move forward on cyber security legislation and then rejected a privacy amendment to the bill, Majority Leader Mitch McConnell (R-Ky.) […]
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Business/FinancialRaytheon Posts Higher Sales, Lower Earnings In Third Quarter
Raytheon [RTN] on Thursday reported higher sales in its third quarter but earnings fell due to accounting adjustments related to the company’s acquisition this year of Websense, lower operating income, […]
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CongressBurr Expects Senate To Vote On Cyber Security Bill Early Next Week
The Chairman of the Senate Intelligence Committee said on Wednesday he expects cyber security legislation that promotes the voluntary sharing of cyber threat indicators between the private sector and the […]
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Business/FinancialStrong Showing From Defense Business Helps Lift Boeing’s Third Quarter Results
Boeing [BA] on Wednesday posted strong third quarter top and bottom line results with its commercial aircraft business driving the sales gains and its defense segment boosting earnings. Sales increased […]
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Business/FinancialSales, Profits Down Across UTC In Third Quarter; Plans $12 Billion Stock Buyback
United Technologies [UTX] on Tuesday posted lower sales and earnings in the third quarter across its operating segments due to impacts from adverse foreign exchange, lower organic revenue and restructuring […]
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Business/FinancialLockheed Martin’s Sales Up But Earnings Dip On Severance, Corporate Expenses
Lockheed Martin [LMT] on Tuesday posted higher sales but lower earnings in the third quarter as severance charges and higher corporate expenses more than offset a slight increase in operating […]