Business/Financial

Just like the first quarter, HII [HII] on Thursday posted strong second quarter results driven by gains at its Mission Technologies segment with help from shipbuilding operations. Mission Technologies again […]

Parsons Corp. [PSN] on Tuesday said it has agreed to acquire BlackSignal Technologies in a $200 million deal that will add to the company’s work with the Defense Department and […]

A series of additional charges on four programs in Boeing’s [BA] defense group combined with further losses in the commercial segment led to wider earnings losses in the second quarter […]

Driven by strong defense demand across its businesses, Leonardo DRS [DRS] on Tuesday reported higher sales and earnings in its second quarter. Net income increased 9 percent to $38 million, […]

Leidos [LDOS] on Tuesday reported strong second quarter financial results driven by its federal health services business combined with top-line growth across its business segments and improved operating margins. Net […]

Canada-based shipbuilder Davie on Monday said it will make a commitment to the U.S. shipbuilding industry following an agreement earlier in July among the U.S., Canada, and Finland to collaborate […]

Northrop Grumman [NOC] officials on Thursday reaffirmed that the next round of production contracts for the Air Force’s new stealth bomber will be set at higher prices than the current […]

A series of charges ranging from legal resolutions and a looming international contract termination to accounting adjustments and restructuring items drove earnings down at RTX [RTX] in the second quarter […]

Rocket motor and engine startup Ursa Major is investing to expand a small manufacturing, and research and development center in Eastern Ohio as it begins to ramp up production in […]

RTX‘s [RTX] Raytheon business and Italy-based Avio said at England’s Farnborough Air Show on July 23 that they have signed a contract to develop military solid rocket motors and bolster […]