Business/Financial
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Business/FinancialTaxes Take A Bite Out Of L3Harris’ Income, Sales Eke Out A Gain In Third Quarter
L3Harris Technologies [LHX] last Friday posted a slight decline in third quarter earnings due to higher taxes and sales edged up despite headwinds from the coronavirus and the sale of […]
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Business/FinancialArlington Capital Forms New Defense Company BlueHalo
The private equity firm Arlington Capital Partners on Thursday said it has formed a new defense company, BlueHalo, through the acquisition of five other defense companies. On its website, BlueHalo […]
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Business/FinancialGeneral Atomics Acquires Optical Systems Developer
General Atomics on Wednesday said it has acquired Guidestar Optical Systems, Inc., a developer of advanced optical solutions in challenging environments. Terms of the deal were not disclosed. Guidestar, based […]
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Business/FinancialRedwire Acquires Small Satellite Technology Company Roccor
Space solutions company Redwire on Thursday said it has acquired Roccor, a designer and manufacturer of subsystems and products for small satellites, giving the company a portfolio of new capabilities. […]
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Business/FinancialParsons To Acquire Braxton Group, Expanding Capabilities In Space
Parsons Corp. [PSN] on Thursday said it has agreed to acquire Braxton Science & Technology Group (BSTG) for $300 million in a deal that expands its capabilities in the growing […]
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Business/FinancialBoeing Swings To Loss In Third Quarter As Pandemic Pounds Away
Boeing [BA] on Wednesday reported a third quarter loss primarily due to declines in its commercial aircraft and services businesses stemming from the ongoing pandemic, but the bleeding also seeped […]
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Business/FinancialGD Posts Lower Income, Sales In Third Quarter Due To COVID
General Dynamics [GD] on Wednesday reported top and bottom-line declines in its third quarter, largely on continued weakness in its business aviation business stemming from the ongoing pandemic, which also […]
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Business/FinancialRaytheon Technologies’ Profit Falls On Continued Weakness In Commercial Market
Raytheon Technologies [RTX] on Tuesday reported lower third quarter earnings due to continued weakness in commercial aerospace although the results, adjusted for various charges, topped analysts’ expectations. Net income in […]
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Business/FinancialRaytheon Technologies Selling Forcepoint Cyber Business To Investment Firm
Raytheon Technologies [RTX] on Monday said it has agreed to sell its commercial cyber security business Forcepoint to the investment firm Francisco Partners, ending a five-year run with the business […]
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Business/FinancialPAE To Acquire CENTRA Technology To Expand Intelligence Community Presence
PAE Inc. [PAE] on Monday said it has agreed to acquire CENTRA Technology in a $208 million cash deal that will add new customers in the intelligence community, and Departments […]