Business/Financial
-
Navy/USMCGeneral Dynamics Picks Gulfstream Executive To Lead Bath Iron Works
General Dynamics [GD] said on Wednesday the new president of Bath Iron Works (BIW) will be Charles Krugh, executive of subsidiary Gulfstream Aerospace. Last month, former BIW president Dirk Lesko […]
Tagged in: -
Business/FinancialHII Reports Lower Earnings, Higher Sales In First Quarter
HII [HII] on Thursday posted lower net income in the first quarter due to lower risk retirements at its shipbuilding segments while the company’s sales were higher due to an […]
Tagged in: -
Business/FinancialLeidos Opens Year With Higher Sales, Lower Earnings
Leidos [LDOS] on Tuesday posted higher sales in the first quarter driven by gains across its operating segments, although earnings fell due largely to positive legal adjustment a year […]
Tagged in: -
Business/FinancialTwo Six Technologies Acquires Data Security Company Thresher Ventures
Two Six Technologies this week said it has acquired Thresher Ventures, LLC, which provides security against data manipulation by foreign governments, in particular China, complementing the company’s existing cybersecurity capabilities. […]
Tagged in: -
Business/FinancialL3Harris Ekes Out Income Gain, Sales Down In First Quarter
L3Harris Technologies [LHX] last Thursday after the markets closed posted slightly higher earnings in its first quarter due to a number of non-operating costs in the same period a year […]
Tagged in: -
Business/FinancialRaytheon Technologies Invests In Rocket Propulsion Company Firehawk
Raytheon Technologies [RTX] on Thursday said its Missiles and Defense segment has invested in Firehawk Aerospace, a startup developing and manufacturing lower cost, high-performance hybrid rocket engines. The size of […]
-
Business/FinancialNorthrop Grumman Touts B-21 Benefit In First Quarter; Income, Sales Slip
Northrop Grumman [NOC] on Thursday posted first quarter results that included a boost from its ongoing development work on the Air Force’s B-21 next-generation stealth bomber. The $67 million benefit […]
Tagged in: -
Business/FinancialGD Reports Higher First Quarter Income On Flat Sales
General Dynamics [GD] on Wednesday reported an increase in net earnings in the first quarter driven by lower taxes and net interest expense although sales were flat. Net income rose […]
Tagged in: -
Business/FinancialFuture Air Force One, T-7A Trainer Hit By $1 Billion In Charges In Boeing’s First Quarter
Boeing [BA] on Wednesday said two of its Air Force development programs, the VC-25B presidential transport plane and the T-7A trainer aircraft, suffered more than $1 billion in combined write-offs, […]
Tagged in: -
Business/FinancialDoE Locks in Honeywell Subsidiary at Nuclear Weapons Lab for Five More Years
Honeywell’s [HON] wholly owned subsidiary National Engineering and Technology Solutions of Sandia will be the prime contractor for the Sandia National Laboratories for another five years, the Department of Energy’s […]