Business/Financial

Buoyed by higher operating income across its business segments and improved sales, L3Harris Technologies [LHX] on Thursday posted strong overall financial results in the second quarter. Net income jumped 25 […]

Armada, a developer and manufacturer of mobile and relocatable data centers that provide computing power to remote and challenged areas, has raised $131 million in a strategic funding round that […]

Continuing its strong momentum from the first quarter, General Dynamics [GD] on Wednesday reported handsome second quarter results driven by the company’s shipbuilding and Aerospace segments. Net income increased 12 […]

A program at Lockheed Martin’s [LMT] secretive Skunk Works unit continues to bedevil the company, racking up a $950 million pre-tax loss, the largest of $1.6 billion in charges the […]

If the Pentagon decides to increase production of the U.S. Air Force’s new B-21 stealth bomber it will require further investment by Northrop Grumman [NOC], which in turn expects to […]

RTX [RTX] on Tuesday reported strong top and bottom-line gains in its second quarter led by its defense and Collins Aerospace segments but the company lowered its earnings guidance for […]

Having expended most of the $100 million it set aside three years ago in venture capital funding, Booz Allen Hamilton [BAH] has tripled its venture commitment to $300 million for […]

Rune Technologies, a startup developing artificial intelligence-enabled software for managing, tracking, and predicting military logistics across all echelons, has closed a $24 million funding round it will invest to scale […]

Satellite developer and operator York Space Systems last Friday said it has agreed to acquire ATLAS Space Operations, adding a global provider of satellite communications ground infrastructure that together York […]

Advanced manufacturer Hadrian on Thursday said it raised $260 million in a new funding round that will be used for a new production facility in Arizona, and a new corporate, […]