Solid operating performance combined with a pension benefit and a lower tax rate lifted Northrop Grumman [NOC] net income in the third quarter amid a slight increase in sales. Net […] ...
Business/Financial
The U.S. State Department has approved an up to $7.3 billion foreign military sale to Poland of the Lockheed Martin [LMT] F-16 Viper Midlife Upgrade, the Defense Security Cooperation Agency […] ...
New Boeing [BA] Chief Kelly Ortberg has initiated a portfolio review to assess what adds to the company and what does not but said on Wednesday that the core commercial […] ...
The Pentagon and the U.S. Small Business Administration (SBA) said Tuesday they have licensed a group of 13 investment funds for a project to leverage private capital to help drive […] ...
Higher internal spending on the F-35 fighter program pressured earnings and sales at Lockheed Martin [LMT] in the third quarter as the company awaits a wrap on negotiations for the […] ...
The Department of the Air Force faces a continued challenge of knowing all of its lower level suppliers for weapon systems, according to service acquisition chief Andrew Hunter. “We share […] ...