Business/Financial
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Business/FinancialBall Acquires Engineering Cyber Firm Wavefront Technologies
Ball Corp.’s [BLL] aerospace business on Friday said it has acquired the engineering cyber firm Wavefront Technologies in a deal that diversifies its business portfolio. Terms of the deal were […]
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Business/FinancialCobham Sells Surveillance Business To Private Equity Firm
Britain’s Cobham plc in January sold its surveillance business to Marlin Equity Partners for $10 million. The transaction closed on Jan. 14. The Surveillance Business (TSB) is dually headquartered in […]
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Business/FinancialL-3 Swings To Fourth Quarter Loss On Charge, Sales Dip
L-3 Communications [LLL] on Wednesday reported a hefty net loss in the fourth quarter due to an impairment charge related to the fair value of a business unit combined with […]
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Business/FinancialNorthrop Grumman Reports Lower Sales, Income In Fourth Quarter; Still Beats Estimates
Northrop Grumman [NOC] on Thursday posted lower earnings and sales in its fourth quarter as top lines at all of its operating segments declined but the company’s earnings still beat […]
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Business/FinancialAirbus Delivers First Of Three H145 Helicopters to Papua New Guinea
Airbus delivered the first of three H145 helicopters to Pacific Helicopters in Papua New Guinea for potential use with the PNG Minerals and Resource industry, Airbus said Thursday. The first […]
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Business/FinancialAcquisition Costs Trim Raytheon’s Income In Fourth Quarter As Sales Rise
Accounting adjustments related to Raytheon’s [RTN] acquisition last year of a cyber security firm helped lower the company’s fourth quarter earnings despite a modest rise in sales, and the company […]
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Business/FinancialGD Posts Higher Income As Sales Fall In Fourth Quarter
General Dynamics [GD] on Wednesday posted higher fourth quarter earnings on higher operating margin and a lower tax rate, although sales fell on declines across its operating segments. Net income […]
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Business/FinancialBoeing’s Sales, Earnings Down In Fourth Quarter On Fewer Aircraft Deliveries, 747 Charge
Boeing [BA] on Wednesday reported declines in its fourth quarter sales and earnings due to fewer commercial aircraft deliveries and a previously announced charge related to its 747-8 cargo plane, […]
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Business/FinancialRockwell Collins Acquiring Projector Lines For Military And Aviation Simulation
Rockwell Collins [COL] on Tuesday said it has agreed to acquire the Matrix series projector product lines from Christie Digital Systems to bolster its simulation and training solutions for military […]
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Business/FinancialLeidos To Combine With Lockheed Martin IS&GS Business To Create Largest Government Services Provider
Leidos [LDOS] on Tuesday said it will pay $5 billion to combine with Lockheed Martin’s [LMT] government services business to create a roughly $10 billion information technology and services company […]