Business/Financial
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Business/FinancialManTech To Acquire Gryphon Technologies For $350 Million
ManTech International [MANT] on Monday said it has agreed to acquire Gryphon Technologies for $350 million in a deal that will expand its digital engineering capabilities with the Defense Department […]
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Business/FinancialL3Harris Boosts Income Despite Supply Chain Impacts On Sales
L3Harris Technologies [LHX] last Friday posted strong earnings in its third quarter, overcoming a drop in sales due to the divestiture of some business units, a delay in international award, […]
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Business/FinancialRepublican Senators, Defense Firms Raise Alarm About Possible Worker/Supply Shortages Due to COVID-19 Vaccine Mandate
Sen. Tommy Tuberville (R-Ala.) and Sen. Marsha Blackburn (R-Tenn.), who have both said that they received COVID-19 vaccines, are decrying the Biden administration’s Sept. 9 mandate in Executive Order 14042 […]
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Business/FinancialIncome Up At Northrop Grumman In Third Quarter; Earnings Guidance Up For 2021, Down In 2022
Northrop Grumman [NOC] on Thursday reported higher earnings in its third quarter despite a drop in sales as the company benefited from an insurance settlement, a pension tailwind and improved […]
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Business/FinancialBoeing’s Losses Narrow In Third Quarter; Takes Starliner Charge
Boeing [BA] on Tuesday reported higher sales and lower losses in the third quarter due to increased commercial aircraft deliveries and commercial services work. Boeing’s defense segment posted weak results […]
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Business/FinancialGD Posts Solid Third Quarter; Supply Chain Issues Dampen Sales Outlook
General Dynamics [GD] on Wednesday reported solid financial results in its third quarter with low single digit top and bottom-line growth and strong free cash flow. Net income rose 3 […]
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Business/FinancialLockheed Martin’s Sales Dip In Third Quarter, Sees Further Drop In 2022; Aerojet Deal Delayed
Lockheed Martin [LMT] on Tuesday reported lower sales in its third quarter and reduced its outlook for revenue for 2021 with further declines expected in 2022 before rebounding to growth […]
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Business/FinancialCommercial Aerospace, Defense Power Raytheon Technologies In Third Quarter
Raytheon Technologies [RTX] on Tuesday posted higher sales and net income in the third quarter driven by a rebound in the aftermarket business for commercial aircraft and strong results in […]
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Business/FinancialAmentum To Acquire PAE To Create $9 Billion Diversified Services Contractor
Amentum on Monday said it has agreed to acquire PAE Inc. [PAE] for $1.9 billion in a deal that would create a more than $9 billion government services contractor with […]
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Business/FinancialGuidehouse Acquires Dovel Technologies
The strategic advisory and technical services company Guidehouse has completed its acquisition of Dovel Technologies, adding domain expertise in the health, human services and public safety markets, further diversifying the […]