Business/Financial
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Business/FinancialFAA Establishes UAS Advisory Committee To Sustain Stakeholder Engagement
The Federal Aviation Administration (FAA) on Wednesday announced a new, “long-lasting” advisory committee to help it with integrating the operations of unmanned aircraft systems (UAS) in the national airspace and […]
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Business/FinancialHarris Posts Higher Third Quarter Earnings, Tops Estimates
Harris Corp. [HRS] on Tuesday reported a big jump in its third quarter earnings and sales, which were driven by the acquisition of Exelis last year. Net income rose 33 […]
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Business/FinancialBoeing’s Insitu UAS Subsidiary Establishes Commercial Unit
Boeing’s [BA] Insitu subsidiary on Monday said it has established a commercial business unit to leverage the company’s experience in unmanned aircraft systems (UAS) for the emerging commercial market for […]
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Business/FinancialWith Eyes On Expansion, Bigger Customers, Forcepoint Appoints New Chief
Raytheon [RTN] on Wednesday said that the board of its commercial cyber security joint venture Forcepoint has appointed a new chief executive, Matthew Moynahan, to help achieve the company’s growth […]
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Business/FinancialSaab Partners With Atech For Brazilian Gripen NG Program
Saab AB chose Atech Negocios em Technologia S/A as a partner in the Brazilian Gripen Next Generation (NG or E/F) aircraft program to cover simulators, training systems, and ground support […]
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Business/FinancialRaytheon’s First Quarter Earnings Slip While Sales Climb
Raytheon [RTN] on Thursday reported lower earnings in the first quarter due mainly to a one-time favorable settlement a year ago on an international program and because profits were down […]
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Business/FinancialBoeing’s Income Dips On Tanker Charge But Delivery Schedule Holds
Boeing [BA] on Wednesday posted lower net income in its first quarter due to another charge on the Air Force tanker refueling aircraft program, and the company said the added […]
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Business/FinancialTax Benefit Sends Northrop Grumman’s Earnings Higher In Opening Quarter
Northrop Grumman [NOC] on Wednesday reported strong first quarter earnings driven by an accounting change that led to a handsome tax benefit while sales were level with a year ago. […]
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Business/FinancialIncome, Sales Flat At General Dynamics In First Quarter
General Dynamics [GD] on Wednesday posted first quarter sales and earnings that were basically in line with results from a year ago although the bottom line beat analysts’ expectations. Net […]
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Business/FinancialSeverance Charge, Operating Declines Lead Lockheed Martin’s First Quarter Earnings Down
Lockheed Martin [LMT] on Tuesday posted lower net income on due to severance charges and lower operating profits at several of its segments despite higher sales. Net income fell 10 […]