Business/Financial

Leidos [LDOS] on Thursday posted higher earnings and sales in its third quarter and reported exceptionally strong bookings, particularly from intelligence community customers, and the company said it will reorganize […]

Textron Inc. [TXT] on Thursday said it has agreed to acquire Howe & Howe Technologies, a small company that makes robotic land vehicles for military and other customers to help […]

Raytheon [RTN] on Thursday reported higher sales and earnings in its third quarter with the company benefiting in large part from international and classified work, lower taxes and improved operational […]

The White House plans to assess the current state of the U.S. defense industry’s infrastructure following the release of its inaugural defense industrial base report earlier this month, a senior […]

Buoyed by the acquisition of Orbital ATK, a positive cost claim, improved segment margins, a pension benefit and lower taxes, Northrop Grumman [NOC] on Wednesday reported higher sales and earnings […]

Italy’s Fincantieri and France’s Naval Group said this week they will launch an alliance to incorporate a 50-50 joint venture to compete for European naval competitions. The two companies are […]

A bipartisan House bill announced Oct. 23 aims to prohibit military sales and aid to Saudi Arabia, effectively immediately. Rep. James McGovern (D-Mass.) is sponsoring a new bill co-signed by […]

General Dynamics [GD] on Wednesday posted increased sales and earnings in its third quarter due to its recent acquisition of CSRA Inc. and higher revenue and income at its operating […]

Boeing [BA] Chief Dennis Muilenburg on Wednesday said his company’s bids and ultimate wins in the third quarter on two marquis dollar U.S. defense programs were clearly aimed at capturing […]

Higher operating profits combined with lower taxes and pension expenses lifted Lockheed Martin [LMT] to a strong third quarter and the company once again increased its outlook for earnings this […]