L3Harris Technologies [LHX] on Tuesday reported strong second quarter financial results with a double-digit gain in earnings and solid organic growth and the company announced the sale of two defense electronics businesses in deals that signaled the end is near with divestitures of non-core units. ...
Business/Financial
Leidos [LDOS] on Tuesday posted strong second quarter results driven primarily by gains in its federal health solutions and defense businesses but despite a strong first half to 2021 the company didn’t raise its financial outlook for the year given uncertainties due to concerns over a surge in a ...
Shield AI on Wednesday said it has agreed to acquire Martin UAV in a deal that will bring in-house an existing portfolio of unmanned aircraft systems (UAS) that will be integrated with the company’s artificial intelligence (AI) platform for autonomous operations. Terms of the transaction, which ...
Northrop Grumman [NOC] on Thursday reported strong second quarter financial results led by a number of programs in its Space Systems and Mission Systems segments and the company again raised its top and bottom-line guidance for the year. Net income increased 3 percent to $1.04 billion, $6.42 ...
General Dynamics [GD] on Wednesday reported strong second quarter earnings driven by gains across its operating segments, particularly its businesses that make business jets and provide information technology solutions and military vehicles to the federal government, Defense Department and ...
It’s been a miserable two years for Boeing [BA] following the fatal crashes of two of its customers’ 737 MAX passenger jets in late 2018 and early 2019, which led to production shutdowns, losses and dramatically reduced sales, not to mention a pandemic that dramatically constrained global air ...