Business/Financial

Germany’s Rheinmetall announced its U.S.-based subsidiary, American Rheinmetall Vehicles (ARV), has opened a new facility in Sterling Heights, Mich. as it prepares to compete for the Army’s Optionally Manned Fighting […]

The federal technical and advisory solutions company Noblis on Monday said it has acquired McKean Defense in a deal that expands its defense work, particularly with the Navy, and significantly […]

Booz Allen Hamilton [BAH] on Tuesday said it has agreed to acquire federal information technology (IT) provider Liberty IT Solutions for $725 million in cash in a deal aimed at […]

AeroVironment [AVAV] on Tuesday said it closed its $45.4 million acquisition of German unmanned ground vehicles (UGV) developer and manufacturer Telerob, adding another dimension to its portfolio of robotic systems. […]

Leidos [LDOS] on Tuesday reported a strong opening to its fiscal year with broad strength across its portfolio of health, defense and civil businesses combined with contributions from recent acquisitions. […]

Revenue and net income fell for BWX Technologies [BWXT], Lynchburg, Va., during the first quarter of 2021, the naval reactor maker and nuclear services company reported after markets closed Monday. […]

CONCORD, N.C. — GM Defense [GM] on Tuesday named Steve duMont, a former vice president of business development at Raytheon Missile Systems [RTX], as its new president, on the same […]

L3Harris Technologies [LHX] last Friday reported strong earnings in its first quarter due to gains across its business segments and fewer impairment charges related to the COVID-19 pandemic although sales […]

Northrop Grumman [NOC] on Thursday reported a strong open to 2021, delivering higher sales and net income, buoyed in part by the divestiture in January of its information technology services […]

Boeing [BA] on Wednesday reported lower losses in its first quarter amid signs of a recovery in commercial aerospace and the company’s defense business posted strong results, largely driven by […]