Business/Financial
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Business/FinancialU.S. Tungsten Mining Company Expects To Be Operational Before Trump Leaves Office
A London-based company with operations focused solely in Nevada expects to begin tungsten mining operations in 2028–the first U.S. tungsten mines in years amid ongoing Chinese export restrictions of the […]
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CongressRight to Repair Provisions in Senate and House Defense Authorization Bills
The Senate Armed Services Committee (SASC) and House Armed Services Committee (HASC) versions of their respective fiscal 2026 defense authorization bills contain “right to repair” provisions aimed at a reduction […]
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Business/FinancialL3Harris Reports Strong Second Quarter
Buoyed by higher operating income across its business segments and improved sales, L3Harris Technologies [LHX] on Thursday posted strong overall financial results in the second quarter. Net income jumped 25 […]
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Advanced / Transformational TechnologyArmada Announces $131 Million Funding Raise To Scale Relocatable Data Center
Armada, a developer and manufacturer of mobile and relocatable data centers that provide computing power to remote and challenged areas, has raised $131 million in a strategic funding round that […]
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Business/FinancialShipbuilding, Aerospace Power GD To Strong Second Quarter
Continuing its strong momentum from the first quarter, General Dynamics [GD] on Wednesday reported handsome second quarter results driven by the company’s shipbuilding and Aerospace segments. Net income increased 12 […]
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Business/FinancialLockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program
A program at Lockheed Martin’s [LMT] secretive Skunk Works unit continues to bedevil the company, racking up a $950 million pre-tax loss, the largest of $1.6 billion in charges the […]
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Air ForceAny Decision To Accelerate B-21 Production Will Require Northrop Grumman To Boost Investment
If the Pentagon decides to increase production of the U.S. Air Force’s new B-21 stealth bomber it will require further investment by Northrop Grumman [NOC], which in turn expects to […]
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Business/FinancialRTX Posts Strong Second Quarter But Lowers Earnings Outlook On Tariff Headwinds
RTX [RTX] on Tuesday reported strong top and bottom-line gains in its second quarter led by its defense and Collins Aerospace segments but the company lowered its earnings guidance for […]
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Advanced / Transformational TechnologyBooz Allen Triples Venture Funding Commitment To $300 Million
Having expended most of the $100 million it set aside three years ago in venture capital funding, Booz Allen Hamilton [BAH] has tripled its venture commitment to $300 million for […]
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Business/FinancialRune Technologies, Software Developer For Comprehensive Logistics, Raises $24 Million
Rune Technologies, a startup developing artificial intelligence-enabled software for managing, tracking, and predicting military logistics across all echelons, has closed a $24 million funding round it will invest to scale […]
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