Business/Financial
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Business/FinancialGlobal Aerospace And Defense M&A Deal Value Slips In Second Quarter, PwC Says
The value of mergers and acquisitions (M&A) in the global aerospace and defense sector was down in the second quarter of 2015 versus a year ago and sequentially, although with […]
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Business/FinancialElbit Wins International DIRCM Self-Protection Systems Contracts
Elbit Systems [ESLT] was awarded two contracts for its Multi Spectral Infrared Countermeasures (MUSIC) family of directed infrared countermeasures (DIRCM) airborne multi-spectral self-protection systems, the company said on Monday. Although […]
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Business/FinancialL-3’s Earnings Fall On Further Charges; Strategic Review Underway Of National Security Segment
L-3 Communications [LLL] on Thursday reported lower earnings and sales in its second quarter as continued difficulties with head-of-state aircraft modification projects dented the bottom line and the company also […]
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Business/FinancialTax Credit Fuels Earnings Increase At Northrop Grumman As Sales Dip
Northrop Grumman [NOC] on Wednesday posted a solid increase in net income due to a tax benefit, although sales declined slightly. Net income increased 4 percent to $531 million, $2.74 […]
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Business/FinancialGeneral Dynamics Maintains Momentum With Strong Second Quarter Results
Just as it did in the opening quarter, General Dynamics [GD] on Wednesday posted strong second quarter results with a double-digit rise in net income, leading the company to increase […]
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Business/FinancialRheinmetall Wins Canadian Contracts For Radar and Soldier Systems Worth Up To $381 Million
Canada awarded two contracts to Rheinmetall with a total base value of $108 million that could be worth as much as $381 million if all options are exercised, according to […]
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Business/FinancialTextron Profits Rise On Gains In Aviation Business, Lower Expenses
Textron [TXT] on Tuesday posted higher net income in its second quarter due to strong results in its airplane making segment and lower interest and corporate expenses although sales dipped […]
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Business/FinancialOmniEarth Wins $1 Million California Water Resource Management Contract
The Santa Ana (Calif.) Watershed Project Authority (SAWPA) on Friday awarded a contract in excess of $1 million to analytics and imagery provider OmniEarth for water resource management, according to […]
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ArmyLockheed Martin Wins Patriot Contract Worth Nearly $1.6 Billion
Army Contracting Command on Thursday awarded Lockheed Martin [LMT] a contract modification worth nearly $1.6 billion for Patriot missiles, associated equipment and spares. The modification concerns contract W31P4Q-14-C-0034, delivering Patriot […]
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Business/Financial
Raytheon Posts Higher Sales, Earnings From Continuing Operations
Raytheon [RTN] on Thursday reported higher sales in the second quarter, due mainly to international business, while its earnings from continuing operations increased slightly due to a favorable tax settlement. […]