Business/Financial
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Business/Financial
Tanker Charge Lowers Second Quarter Earnings At Boeing Despite Surge In Sales
Boeing [BA] on Wednesday reported lower net income in the second quarter, largely as a result of a charge disclosed last week for an Air Force aerial refueling program, but […]
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Business/Financial
UTC Stumbles In Second Quarter, Lowers Guidance For 2015
Fresh off announcing a $9 billion sale of its Sikorsky Aircraft division, United Technologies Corp. [UTX] on Tuesday posted lower sales and earnings in its second quarter and the company […]
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Business/Financial
Lockheed Martin To Acquire Sikorsky, Divest Government IT And Technical Services Work
As expected, Lockheed Martin [LMT] on Monday said it has agreed to acquire the Sikorsky Aircraft business from United Technologies Corp. [UTX] for $9 billion, adding a helicopter design and […]
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Army
GD Wins $126 Million Contract For Hydra-70 Rocket Program
The U.S. Army Contracting Command awarded General Dynamics [GD] two contract modifications for production of the 2.75”/70mm Hydra-70 air-to-ground rocket system worth $126 million the company said Monday. The Hydra-70 […]
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Business/Financial
Lower Tax Rate, Pension Tailwind Drive Profit Increase At Lockheed Martin
Lockheed Martin [LMT] on Monday posted higher sales and net income in its second quarter with the bottom line gains driven by a lower tax rate and favorable pension adjustments. […]
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Air Force
Boeing Takes $536 Million Charge On Air Force Tanker, Says Schedule Intact
For the second straight year, Boeing [BA] on Friday said it will take a hefty charge in the second quarter on the KC-46 Pegasus aerial refueling tanker it is developing […]
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Business/Financial
ManTech Divests Small Commercial Cyber Products Business, Takes Stake In Acquiring Firm
ManTech International [MANT] on Wednesday said it has sold its commercial cyber security product business to CounterTack, which provides endpoint detection and response (EDR) capabilities, but is keeping a foothold […]
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Business/Financial
CrowdStrike Cyber Protection Company Raised $100 Million In Financing
CrowdStrike, a provider of Software-as-a-Service (SaaS)-based endpoint protection platform, completed a $100 million Series C financing round, led by Google Capital, the company said Monday. Google Capital is a “growth […]
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Business/Financial
Precision Castparts To Acquire Aerospace Composite Components Manufacturer
Precision Castparts Corp. [PCP] on Monday said it has agree to buy Composites Horizons, LLC (CHI), a supplier of high temperature carbon and ceramic composite components, primarily for commercial aircraft […]
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Business/Financial
Thales Launches Innovation Platform Designed To Tap Into U.S. Startups, Academic Research
Looking to better position itself within the innovation ecosystems in the United States, Thales Group on Thursday announced the creation of a group that will work and invest with technology […]