Business/Financial
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Business/FinancialMDA Awards $10 Million Contract Mod To MTSI For Improved Missile Defense Modeling Tools
The Missile Defense Agency (MDA) awarded Modern Technology Solutions Inc. (MTSI) a $10 million modification last Monday to increase a contract ceiling under an effort to develop models of new […]
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Business/FinancialDespite Email Glitch, GAO Denies ManTech Protest For Air Force Proposal
The Government Accountability Office (GAO) has denied ManTech International Corp.’s [MANT] protest for a potential $98 million Air Force contract after an email glitch caused its proposal to miss the […]
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Business/FinancialL3’s Earnings Dive On Charge Related To Contract Loss; Will Divest Vertex Business
As expected, L3 Technologies [LLL] on Thursday posted lower net income in the third quarter stemming from a charge at one of its operating units that lost a recompete of […]
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Business/FinancialRaytheon Posts Solid Third Quarter Results On Missile, Radar Programs
Led by strong results in its businesses that produce missile and sensor systems, Raytheon [RTN] on Wednesday reported solid third quarter financial results with earnings and sales both higher. Net […]
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Business/FinancialNorthrop Grumman Won’t Bid On MQ-25; Company Posts Strong Financial Results
A few weeks after the Navy released the bid requests for an unmanned aerial refueling tanker, Northrop Grumman [NOC] on Wednesday said it won’t bid for the MQ-25 Stingray program, […]
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Business/FinancialTaxes Hit Boeing’s Earnings In Third Quarter; New Tanker Charge Disclosed
Higher tax and pension expenses hit Boeing’s [BA] bottom line in the third quarter and the company said it took another over $300 million in unexpected charges related to its […]
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Business/FinancialGD Reports Solid Earnings, Flat Sales In Third Quarter
General Dynamics [GD] on Wednesday posted solid earnings results in its third quarter driven by its combat vehicles business amid a downtick in sales. Net income jumped 18 percent to […]
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Business/Financial
Navy Awards $27 Million Recompete Contract To ManTech For C4ISR Support Services
The Navy is shoring the capabilities of its Space and Naval Warfare (SPAWAR) Systems Center Pacific (SSC) with a new $27 million contract to ManTech International Corporation [MANT] to continue […]
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Business/FinancialSpace Segment Leads Lockheed Martin’s Income Down In Third Quarter
Lockheed Martin [LMT] on Tuesday reported higher sales but lower earnings in its third quarter was profits were largely hampered by results from the company’s Space Systems segment. A handsome […]
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InternationalState Department Approves $575 Million Deal UH-1Y Helicopter Deal With Czech Republic
The Czech Republic is looking to update its fleet of military aircraft with a State Department approved $575 million deal for the delivery of twelve Bell Helicopter UH-1Y utility helicopters. […]