Business/Financial

Lockheed Martin [LMT] has 30 days to decide whether to continue to pursue its acquisition of missile propulsion supplier Aerojet Rocketdyne [AJRD] or terminate the merger agreement once the Federal […]

Raytheon Technologies Corp. [RTX] on Tuesday posted strong fourth quarter financial results driven by its commercial aerospace work. Net income in the quarter soared nearly 400 percent to $686 million, […]

L3Harris Technologies [LHX] on Monday named Michelle Turner as its new chief financial officer, succeeding Jay Malave, who the company said is pursing “career opportunities outside of L3Harris.” The abrupt […]

Curtiss-Wright Corp. [CW] last Friday said it has agreed to acquire Safran Aerosystems Arresting Company (SAA) for $240 million in cash, giving it a new product line and expanding its […]

Rocket Lab USA [RKLB] this week said it has completed its $80 million cash acquisition of SolAero Holdings in a deal that adds scalable solar space power products to its […]

The chairwoman of a House panel that oversees federal contracting on Wednesday released a draft bill aimed at enabling federal contracting officers to require cost information from contractors when necessary […]

Teledyne Technologies [TDY] on Tuesday said it has appointed JihFen Lei as the executive vice president of Teledyne FLIR Defense, a move that consolidates the company’s two defense businesses within […]

Fairbanks Morse Defense (FMD) on Tuesday said it has acquired Maxim Watermakers, a small company providing water treatment products and solutions for Naval, marine and other customers, in a deal […]

Electra.aero, a relatively new company pursuing new aircraft solutions for the urban and regional air mobility markets, on Tuesday said that it has received a lead investment from Lockheed Martin […]

The National Nuclear Security Administration (NNSA) plans to address a perceived conflict of interest, raised by a Bechtel National-led team, about the agency’s November award of a potentially decade-long sites-management […]