Business/Financial
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Business/FinancialMercury Systems To Acquire Display Manufacturer American Panel Corporation
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 […]
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Business/FinancialLeidos Posts Strong Sales But Income Dips On Higher Taxes
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, […]
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Business/FinancialAltamira Technologies Acquired By Investor Group
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, […]
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Business/FinancialPrivate Equity Firm Advent International To Acquire Britain’s Cobham For $5 Billion
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 […]
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Business/FinancialRaytheon Rock Solid In Second Quarter, Raises Guidance
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 […]
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Business/FinancialDeputy SECDEF Nominee Says Raytheon-UTC Merger Consideration Will Be His Responsibility
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 […]
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Business/FinancialNorthrop Grumman Posts Strong Second Quarter With Earnings, Sales Higher
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 […]
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Business/FinancialBoeing Swings To Loss, Sales Plummet Amid 737 MAX Challenges
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 […]
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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 […]