Business/Financial
-
Business/FinancialNavy Biz Insulates BWXT From Worst of Pandemic Ills; Partial Va. Sub Order Suits Company Fine, CEO Says
Insulated from the worst of the COVID-19 pandemic by its large government contracts and a bread-and-butter nuclear Navy business that didn’t shut down in the spring, BWX Technologies [BWXT] posted […]
-
Business/Financial
Navy Nuke Biz Insulates BWXT From Worst of Virus Ills
Insulated from the worst of the COVID-19 pandemic by its big government contracts and a bread-and-butter nuclear-Navy business that never shuts down, BWX Technologies [BWXT] posted a modest uptick in […]
-
Business/FinancialArlington Capital Partners To Acquire Triumph’s Composite Business
Triumph Group, Inc. [TGI] on Monday said it has agreed to sell its aerospace composites businesses to Arlington Capital Partners, part of the company’s ongoing efforts to divest its non-core […]
-
Business/FinancialDraft Solicitation for New Pantex-Y-12 Contract Coming This Month, NNSA Says
The National Nuclear Security Administration (NNSA) will continue to bundle management of the Y-12 National Security Complex in Tennessee and the Pantex Plant in Texas in the post Consolidated Nuclear […]
-
InternationalLockheed Martin Bids F-35 for Canada Future Fighter Competition
Lockheed Martin [LMT] is bidding its F-35 fighter for the Royal Canadian Air Force Future Fighter competition to replace 76 Boeing [BA] CF-18s, according to a July 30 submission to […]
-
Business/FinancialEarnings Fall At L3Harris On Divestiture, COVID Costs
L3Harris Technologies [LHX] last Friday reported a big drop in proforma net income due to the sale of its security detection and automation business, costs related to the ongoing pandemic, […]
-
Business/FinancialNorthrop Grumman Posts Strong Second Quarter, Raises Guidance
Bolstered by generally solid results across its operating segments, Northrop Grumman [NOC] on Thursday reported higher sales and earnings in its second quarter and the company raised its outlook for […]
-
Business/FinancialBoeing’s Losses Narrow But Sales Tumble As Outlook Remains Bleak
Boeing [BA] on Wednesday reported a loss in its second quarter, but not quite as bad as a year ago, as sales fell sharply on fewer commercial aircraft deliveries due […]
-
Business/FinancialAmid Pandemic, GD’s Earnings, Sales Fall In Second Quarter Led By Aerospace, IT
General Dynamics [GD] on Wednesday posted lower earnings and sales in its second quarter on continued weakness in its Aerospace segment and an overall decline in its government and defense […]
-
Unmanned SystemsAirMap Parts Ways with CEO David Hose, Initiates Search for New Chief Executive
Amid the ongoing impact of the COVID-19 pandemic and continuing regulatory delays for the drone industry, UAS service supplier AirMap is parting ways with CEO David Hose and initiating a […]