Business/Financial
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Business/FinancialMercury Systems Acquires Rugged Computer Maker Germane Systems
Mercury Systems [MRCY] on Tuesday said it has acquired rugged computer maker Germane Systems for $45 million in cash, adding additional capabilities and customers in the U.S. and international defense […]
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CyberCGI Wins $530 Million Cyber Security Contract To Protect Federal Agencies
The U.S. federal business of Canada’s GGI Group [GIB] on Monday said it received a potential six-year, $530 million contract from the U.S. General Service Administration (GSA) to provide federal […]
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Business/FinancialL3 Reports Solid Sales In Second Quarter; Preparing To Consolidate
L3 Technologies [LLL] on Thursday reported higher sales in its second quarter driven by organic growth while earnings results were a bit mixed given gains from sales from various business […]
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Business/FinancialRaytheon’s Earnings Soar In Second Quarter On Lower Taxes, Pension Benefit
Lower taxes combined with a pension tailwind powered Raytheon [RTN] to a huge boost in earnings in its second quarter and the company also posted solid top line growth. Raytheon, […]
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Business/FinancialLower Taxes, Commercial Aircraft Business Drive Strong Earnings At Boeing
Boeing [BA] on Wednesday posted higher earnings in the second quarter due to lower taxes, higher operating profit at its commercial aircraft business, and to a lesser extent its year-old […]
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Business/FinancialLower Taxes, Pension Benefit Propel Northrop Grumman’s Earnings Higher In Second Quarter
Northrop Grumman [NOC] on Wednesday reported a huge leap in its bottom line in the second quarter driven primarily by a lower tax rate and a pension benefit and the […]
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Business/FinancialGD’s Second Quarter Earnings Rise On Lower Taxes
Lower taxes and improved operating profits more than offset higher costs related to a recent acquisition as General Dynamics [GD] on Wednesday posted higher earnings and sales in its second […]
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Business/FinancialLockheed Martin Posts Strong Second Quarter Results; Raises Guidance
Lockheed Martin [LMT] on Tuesday reported strong second quarter financial results driven by higher sales, lower taxes, a pension benefit and improved operating performance. Net income increased 26 percent to […]
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Business/FinancialAt White House, Defense Industry Leaders Pledge Workforce Help
As part of a new effort by President Donald Trump to improve the training and education of American workers amid rapid advances in the digital economy, aerospace and defense companies […]
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ArmyLockheed, Northrop Partnership Brings In $170 Million For Apache Radar Upgrades
The Longbow, LLC joint venture between Lockheed Martin [LMT] and Northrop Grumman [NOC] has sealed a $170.5 million deal to provide the U.S. Army and three other nations with AH-64E Apache […]