AeroVironment [AVAV] on Wednesday posted lower net income as higher spending on research and development, and acquisition-related expenses ate into the bottom-line despite a modest increase in sales to a […] ...
Business/Financial
Science Applications International Corp. [SAIC] on Thursday posted strong third quarter fiscal year 2025 results driven by work on new and existing contracts. Net income rose 14 percent to $106 […] ...
In a bid to increase capacity and in turn begin to accelerate the production of submarines for the Navy, HII [HII] has agreed to acquire the assets of W International, […] ...
Following the establishment of a defense and space-focused subsidiary in the U.S. earlier this year, France’s Safran is now investing strategically to expand and modernize its capabilities here, the company […] ...
The Navy the past year has awarded X-Bow Systems five contracts worth a combined $60 million to modernize and automate energetics facilities at the Naval Surface Warfare Center Indian Head […] ...
German arms developer and manufacturer Rheinmetall on Monday said it has completed its acquisition of Michigan-based Loc Performance Products, significantly expanding its U.S. presence base and adding production capabilities to […] ...