General Dynamics [GD] Information Technology (GDIT) will look to increasingly leverage Silicon Valley and smaller companies’ innovations in new technology areas, specifically automation, as government customers face tighter research and development budgets, company officials said Tuesday. GDIT†...

The acquisition last year of Orbital ATK combined with strong results in the company’s Aerospace Systems led to a solid opening quarter for Northrop Grumman [NOC], with sales and earnings higher and the outlook for earnings higher this year. Net income increased 3 percent to $863 million, $5.06 ...

The Air Force is conducting a market survey for new F-15E simulators to train pilots should the service receive new Boeing [BA]-made F-15EX aircraft, according to an April 24 solicitation. The notice, posted Wednesday on FedBizOpps, states that the Air Force intends to upgrade its current F-15E ...

As expected, Boeing [BA] on Wednesday reported lower sales and earning stemming from a halt in deliveries and flights of its 737 MAX passenger aircraft but the pain from that issue was softened by gains in the defense and services segments. “I want to be very clear, when it comes to resource ...

General Dynamics [GD] on Wednesday posted higher first quarter sales due to gains in each of its business segments but net income fell on higher interest expenses and slightly higher taxes, which combined to more than offset a small rise in segment income. Net income dropped 7 percent to $745 ...

Lockheed Martin [LMT] blew open the door in its first quarter financials with a strong showing across all of its operating segments and the company increased its guidance for earnings, sales and cash this year. Net income jumped a whopping 42 percent to $1.7 billion, $5.99 earnings per share (EPS), ...