Business/Financial
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Business/FinancialLeonardo DRS Continues Strong Momentum In Second Quarter
Following up a stout first quarter, Leonardo DRS [DRS] on Wednesday posted strong second quarter top and bottom-line results driven by both of its operating segments and the company raised […]
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Advanced / Transformational TechnologySaronic Develops Mission Platform For Its Family Of ASVs
Saronic Technologies on Wednesday unveiled a comprehensive mission platform designed for planning, simulation, and operations of multiple assets of the company’s family of autonomous surface vessels (ASVs) from a single […]
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Business/FinancialBoeing’s Losses Narrow In Second Quarter, Sales Soar On Commercial Aircraft Deliveries
Boeing [BA] more than halved its losses in the second quarter on operational improvements across the company, in particular the defense segment which suffered no charges on fixed-price development programs […]
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Business/FinancialFirefly’s Losses Widened In First Half Of 2025; Expects To Raise About $600 Million In IPO
Space technology company Firefly Aerospace on Monday said its estimated net loss in the first half of 2025 will be wider than the same period a year ago, although sales […]
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Business/FinancialStrike Looms As Boeing’s Defense Workers In St. Louis Reject Contract Offer
Machinist union members at Boeing’s [BA] defense operations in the St. Louis region on Sunday “overwhelmingly” voted against the company’s contract offer, setting the stage for a potential strike that […]
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Business/FinancialU.S. Tungsten Mining Company Expects To Be Operational Before Trump Leaves Office
A London-based company with operations focused solely in Nevada expects to begin tungsten mining operations in 2028–the first U.S. tungsten mines in years amid ongoing Chinese export restrictions of the […]
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CongressRight to Repair Provisions in Senate and House Defense Authorization Bills
The Senate Armed Services Committee (SASC) and House Armed Services Committee (HASC) versions of their respective fiscal 2026 defense authorization bills contain “right to repair” provisions aimed at a reduction […]
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Business/FinancialL3Harris Reports Strong Second Quarter
Buoyed by higher operating income across its business segments and improved sales, L3Harris Technologies [LHX] on Thursday posted strong overall financial results in the second quarter. Net income jumped 25 […]
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Advanced / Transformational TechnologyArmada Announces $131 Million Funding Raise To Scale Relocatable Data Center
Armada, a developer and manufacturer of mobile and relocatable data centers that provide computing power to remote and challenged areas, has raised $131 million in a strategic funding round that […]
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Business/FinancialShipbuilding, Aerospace Power GD To Strong Second Quarter
Continuing its strong momentum from the first quarter, General Dynamics [GD] on Wednesday reported handsome second quarter results driven by the company’s shipbuilding and Aerospace segments. Net income increased 12 […]