Business/Financial
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Business/FinancialGD’s Income Up In Second Quarter Driven By Aerospace
General Dynamics [GD] on Wednesday reported higher earnings in its second quarter despite flat sales on strong results in its operating segment to build business jets and provide aerospace services. […]
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Navy/USMCNorthrop Grumman Conducts Flight Test On Prototype Missile
Northrop Grumman [NOC] completed a third captive flight test of an unnamed internally funded air-launched prototype missile development series last month, the company said on July 25. The test occurred […]
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Business/FinancialVeritas Invests In RF Company Epiq Solutions
Veritas Capital on Tuesday said it has made a strategic investment in Epiq Solutions, a provider of radio frequency (RF) solutions and components for the aerospace and defense markets. Terms […]
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Business/FinancialCommercial Aerospace Recovery Powers Raytheon Technologies Higher In Second Quarter
Raytheon Technologies [RTX] on Tuesday posted higher sales and earnings in its second quarter driven by the ongoing recovery in commercial air travel, but the company’s defense businesses were largely […]
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Business/FinancialBoeing Plants Targeted For Aug. 1 Strike By Aerospace Workers Union
About 2,500 union workers at Boeing [BA] manufacturing facilities in the St. Louis area could strike Aug. 1, the St. Louis Post-Dispatch and other news outlets reported Sunday after members […]
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Business/FinancialHII Announces Shakeup In Newport News Shipbuilding Leadership
HII [HII] announced several leadership changes and promotions on July 20 as it shuffles positions in its Newport News Shipbuilding (NNS) division, effective immediately. Matt Needy was moved from vice […]
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Business/FinancialBoeing To Invest $50 Million In New Venture Fund
Boeing [BA] on Wednesday said it has agreed to provide $50 million to anchor a new aerospace technology venture fund that is privately-managed by the company’s partner AE Industrial Partners […]
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Business/FinancialDefense Growth, Shareholders Will Benefit Mid-Decade From Global Unease, Taiclet Says
Domestic and international defense growth will hit an “inflection point” in two to three years as demand firms up, funding is appropriated, contracts are let and suppliers can meet capacity, […]
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Business/FinancialPension, F-35 Weigh On Lockheed Martin’s Second Quarter Results
Lockheed Martin [LMT] on Tuesday posted sharp declines in earnings and sales as second quarter results were hit by a previously announced pension charge, delays in finalizing the next production […]
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Business/FinancialRaytheon Technologies To Acquire U.K. Space Company
Raytheon Technologies [RTX] on Monday said its United Kingdom-based subsidiary has agreed to acquire another U.K.-based company that specializes in space domain awareness. Terms of the deal were not disclosed. […]
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