Business/Financial
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SpaceCommercial Space Industry Welcomes Air Force’s Pitch Day Efforts, Looks for More to Come
The format of the Air Force’s inaugural Space Pitch Day was positively received by some industry observers, who hope it is just the beginning of a concerted effort by the […]
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Air ForceAir Force Plans Annual Space Pitch Day Following Inaugural Event
Following self-reported success and positive industry feedback from the first-ever Space Pitch Day, the Air Force is already planning to annually meet with selected small businesses to find more innovative […]
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InternationalDoD Leaders Lobby for Industry Inclusion in Future European Defense Projects
Senior Pentagon leaders want to make sure that as the European Union moves forward to craft new policies surrounding future national security and defense investments, U.S. companies still get a […]
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InternationalSale of 5 Embraer KC-390s to Portugal Will Total $1 Billion, Embraer Says
The sale of five Embraer KC-390s to Portugal is to bring Embraer about $1 billion in revenue, the company said in a 2019 third quarter earnings call on Nov. 12. […]
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Business/FinancialKellstrom’s Williams Aerospace Acquires Aerospace Welding
Kellstrom Defense on Tuesday said its Williams Aerospace and Manufacturing (WAM) company has acquired Aerospace Welding, Inc., a provider of precision welding processes for aerospace and defense markets. Terms of […]
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Business/FinancialParsons Earnings Jump On Tax Benefit, Sales Higher On Acquisitions
Parsons [PSN] on Tuesday posted higher third quarter earnings due to a tax benefit and sales were up on acquisitions in its Federal Solutions Segment and to a lesser degree […]
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Business/FinancialAECOM Cites Record Revenue, Net Loss in Fiscal 2019
AECOM [ACM], the international infrastructure company that is preparing its exit from contracting for the U.S. Energy Department, on Tuesday reported record annual revenue of almost $20.2 billion for fiscal […]
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Business/FinancialLockheed Martin Appoints F-35 Executive To Lead Future Vertical Lift Efforts
Lockheed Martin [LMT] has appointed a new leader for its work pursuing the Army’s Future Vertical Lift (FVL) helicopter programs, moving over the vice president of the company’s F-35 Lightning […]
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Business/FinancialSales Up, Income Down At Huntington Ingalls In Third Quarter
Huntington Ingalls Industries [HII] on Thursday reported mixed results in its third quarter, with sales up on acquisitions and work in its nuclear shipyard while earnings fell due to lower […]
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Business/FinancialCadence Aerospace Acquires Aircraft Engine Component Manufacturer B&E
Cadence Aerospace has acquired the OEM Manufacturing Division of the B&E Group, expanding its base of work for complex components for the aerospace and defense industry, strengthening its position in […]