Business/Financial
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Business/FinancialGD Reports Higher Sales And Earnings In Second Quarter; Raises Guidance
General Dynamics [GD] on Wednesday reported higher second quarter sales on strong gains in four of its five operating segments and earnings were also up on lower taxes and other […]
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Business/FinancialLockheed Martin Invests In Rocket Developer ABL Space Systems
ABL Space Systems Company on Monday evening said it has received a strategic investment from Lockheed Martin [LMT] with the financing going toward ongoing development and testing of ABL’s RS1 […]
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Business/FinancialFincantieri Marinette Adds Former Navy Leaders
Fincantieri Marinette Marine announced it added several former Navy leaders this month, most recently former Chief of Naval Operations (CNO) Gary Roughead was elected chairman of the board of directors […]
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Business/FinancialLockheed Martin Continues Strong Momentum In Second Quarter With Higher Earnings, Sales
A good 2019 keeps rolling for Lockheed Martin [LMT] as the company reported strong increases in earnings and sales in its second quarter, building on handsome gains in the first […]
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Business/FinancialGAO Denies L3Harris Protests of Checkpoint Scanner Contract to Smiths Detection
The Government Accountability Office (GAO) this month denied two protests by L3Harris Technologies [LHX] of a Transportation Security Administration (TSA) contract award to Smiths Detection for the first tranche of […]
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SpaceULA CEO: Component Issues that Delayed Summer Launches Won’t Affect Vulcan Rocket
A component issue that has prompted delays of two scheduled launches this summer aboard United Launch Alliance (ULA) rockets will not translate over to the joint venture’s forthcoming space vehicle, […]
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Business/FinancialParsons To Acquire QRC Technologies In Further Expansion Of Defense And Intel Business
Parsons Corp. [PSN] on Monday said it has agreed to acquire QRC Technologies for $215 million in cash in a deal that expands its work in the defense and intelligence […]
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Business/Financial
GAO Denies L3Harris Protests Of Advanced Checkpoint Scanner Contract To Smiths
The Government Accountability Office (GAO) earlier this month denied two protests by L3Harris Technologies [LHX] of a Transportation Security Administration (TSA) contract award to Smiths Detection for the first tranche […]
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Business/Financial737 MAX Woes Lead Boeing To Record $4.9 Billion Charge, Hit To Sales
Problems related to the ongoing grounding of airlines’ fleets of Boeing’s [BA] 737 MAX passenger airplanes led the company on Thursday to announce it will take a $4.9 billion after-tax […]
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Business/FinancialTextron Expects Bell 407, 429 Production to Ramp Up By End of Year
Textron‘s [TXT] second quarter 2019 financial results were mixed, as the company reported $3.2 billion in revenue, $500 million lower than last year, but earnings per share of $.93, compared […]