Business/Financial
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Business/FinancialRTC Doesn’t Offer 2020 Outlook Due To COVID Uncertainty But Says Defense Remains Strong
Raytheon Technologies Corp. [RTX] on Thursday said it isn’t providing financial guidance yet for 2020 because the impacts of the COVID-19 pandemic on the commercial aerospace market have created significant […]
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Business/FinancialAMERGINT Acquires Space Technology Company Tethers Unlimited
AMERGINT Technology on Wednesday said it has acquired Tethers Unlimited Inc. (TUI), a provider of satellite communications and in-space technology, allowing the company to offer integrated end-to-end solutions for satellite […]
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Business/FinancialXator Acquires Government Solutions Provider InCadence
Xator Corp. last week said it has acquired InCadence Strategic Solutions Corp., providing it with capabilities in biometrics and identity management, big data solutions, tactical communications, and operational intelligence. Terms […]
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Business/FinancialBridenstine: NASA Committed to Boeing-Built Space Launch System
NASA is not shifting away from the Space Launch System (SLS) that will transport the next generation of American astronauts to the Moon, Adminstrator Jim Bridenstine confirmed May 5, just […]
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Business/FinancialBWX Technologies Cites Strong First-Quarter Earnings
BWX Technologies [BWXT] brought in $542 million in first-quarter 2020 revenue, 30% more than the $416 million generated during the first three months of 2019. Net income for the period ended […]
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Business/FinancialL3Harris Posts Higher Sales, Income In First Quarter
L3Harris Technologies [LHX] on Tuesday reported higher pro forma earnings and sales in its first quarter, although the company reduced its financial outlook for 2020 to account for the global […]
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Business/FinancialLeidos Posts Mixed Results In First Quarter; Lowers Profit Outlook On Covid Impacts
Leidos [LDOS] on Tuesday reported higher sales but lower earnings with the top line gains driven by higher volume, new program wins and recent acquisitions and the bottom line impacted […]
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Business/FinancialLeidos Completes $1 Billion Acquisition Of L3Harris’ Detection And Automation Businesses
Leidos [LDOS] on Monday completed its $1 billion acquisition of the security and detection, and automation businesses of L3Harris Technologies [LHX], adding a strong and varied product portfolio used to […]
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Business/FinancialEastern Shipbuilding Begins Construction Of First OPC
The Coast Guard on Monday said that keel has been authenticated for its first Offshore Patrol Cutter (OPC), a key milestone in the program signaling the formal start of construction […]
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Business/FinancialAFA Plans Annual Air, Space, Cyber Symposium to Take Place in Fall
The Air Force Association announced May 4 that the annual Air, Space and Cyber Symposium will take place in September outside Washington, D.C., with planners watching COVID-19 pandemic developments closely. […]
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