Business/Financial

Lower operating income, pension headwinds, a charge and higher taxes led to a steep drop in earnings as Huntington Ingalls Industries [HII] in the second quarter despite a strong uptick […]

Reporting for the first time since the close of Harris Corp.’s acquisition of L3 Technologies in late June, L3Harris Technologies [LHX] on Wednesday posted unaudited second quarter financial results with […]

Mercury Systems [MRCY] on Tuesday said it has agreed to acquire American Panel Corporation (APC) for $100 million in cash, adding the development and manufacture of military and commercial aerospace […]

Leidos [LDOS] on Tuesday posted solid second quarter financial results driven by strong revenue growth and orders although net income was down due to higher taxes. Based on the results, […]

The national security services company Altamira Technologies Corp. has been acquired by an investor group led by the venture capital firm ClearSky to enhance growth opportunities. Terms of the deal, […]

United Kingdom-based aerospace and defense company Cobham plc on Thursday said it has entered into an agreement to be acquired by the U.S.-based global private equity firm Advent International for […]

Raytheon [RTN] on Thursday reported solid financial results in its second quarter with higher earnings and sales and record orders as strong operating performance was somewhat masked by overall corporate […]

With new Secretary of Defense Mark Esper recusing himself from any matters involving his former employee Raytheon [RTN], the Pentagon’s evaluation of the top defense contractor’s impending merger with United […]

Northrop Grumman [NOC] on Wednesday reported a strong second quarter on higher earnings and sales and strong order flow also drove a substantial increase in the company’s backlog. Net income […]

A surprise to no one, Boeing [BA] on Wednesday swung to a loss in its second quarter on massive charges related to its 737 commercial aircraft program, which also led […]