Business/Financial
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Business/FinancialEarnings Fall At L3Harris In Fourth Quarter Amid Solid 2025
L3Harris Technologies [LHX] on Thursday posted mixed results in its fourth quarter with net income down on higher impairment and business transformation costs and lower operating earnings while sales were […]
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Business/FinancialVoyager To Expand And Consolidate Rocket Motor Capabilities In Colorado
Voyager Technologies [VOYG] on Thursday said it has broken ground on an expansion of its American Defense Complex in Pueblo, Colo., that will consolidate local facilities and add space related […]
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Business/FinancialLockheed Martin Posts Strong Fourth Quarter, Plans Large Boost In Internal Investment
Lockheed Martin [LMT] on Thursday reported strong earnings and sales results in its fourth quarter with the bottom-line benefitting from the absence of huge charges a year ago on classified […]
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PentagonLockheed Martin, Pentagon Sign Agreement To Quadruple THAAD Interceptor Production
Lockheed Martin [LMT] and the Pentagon have agreed on a framework for the company to quadruple the production of Terminal High Altitude Area Defense (THAAD) interceptors over the next seven […]
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Business/FinancialShipbuilding Leads GD To Solid Fourth Quarter In Finish To Strong Year
Led by its shipbuilding segment, General Dynamics [GD] on Wednesday posted solid fourth quarter results to cap off a strong fiscal year. Net income in the quarter was flat at […]
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Business/FinancialCalio Commits RTX To Boosting Capex, Paying Dividends
Following investments in 2025 to boost capacity and increase production of defense products, RTX [RTX] in 2026 the company will further increase capital expenditures to meet demands the Trump administration […]
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Business/FinancialBoeing Reports Another KC-46 Tanker Charge; Sees Improvements In Defense Business
Boeing [BA] on Tuesday said it swung to a profit in its fourth quarter despite another charge on its Air Force aerial refueling program, which the company said continues to […]
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Business/FinancialNorthrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Northrop Grumman [NOC] remains in negotiations with the Defense Department on accelerating production of the Air Force’s B-21 stealth bomber and an agreement to do so is expected this quarter, […]
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Business/FinancialU.S. Taking Equity Stake In Mining Company USA Rare Earth
USA Rare Earth [USAR] on Monday said it has entered a non-binding letter of intent with the Commerce Department for an equity stake in the vertically integrated mining company in […]
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Business/FinancialGrid Aero Raises $20 Million As It Preps To Begin Flying Long-Range Cargo UAS
Grid Aero on Monday said it has raised $20 million in a funding round to move the Lifter Lite long-range, autonomous unmanned aircraft system (UAS) into flight testing and use […]