Business/Financial
-
Business/FinancialExelis Posts Declines In Income, Sales While Orders Soar
Exelis [XLS] on Friday reported lower net income and sales in its third quarter driven by weaker results in its C4ISR Electronics and Systems segment, although the company had a […]
-
Business/Financial
HII Doubles Dividend, Stock Repurchase Program
Confident in its earnings outlook, Huntington Ingalls Industries [HII] yesterday said it is doubling both its quarterly dividend and the size of its share repurchase program. HII Chief Mike Petters Photo: HII […]
-
Business/Financial
Plunging Defense Sales Send Oshkosh’s Earnings Down In Fourth Quarter
Hampered by decline in its military truck business, Oshkosh Truck Corp. [OSK] yesterday reported a steep drop in its net income and lower sales in its fourth quarter and its […]
-
Business/Financial
Smiths Detection Protests TSA’s Checkpoint X-Ray Award To Rapiscan
Smiths Detection yesterday said it has protested the Transportation Security Administration’s (TSA) award last month of a contract to a competitor for new X-ray systems for use in screening carry-on […]
-
Business/Financial
Income, Sales Lower In CACI’s First Quarter
Reduced federal spending on the ongoing drawdown of war-related activities in Southwest Asia led CACI International [CACI] Tuesday afternoon to post lower earnings and sales in its first quarter. Net […]
-
ArmySavi Bids On DoD Logistics Tracking Program
Savi Technology yesterday said it has bid on the Defense Department’s Radio Frequency Identification (RFID) IV program to provide a common, integrated structure for logistics tracking, locating, and monitoring of […]
-
Army
Oshkosh Defense Focuses On Largest Tactical Vehicle Program–JLTV– Executive Says
The major focus for Oshkosh Defense [OSK] now is on the company’s Light Combat Tactical All Terrain Vehicle (L-ATV) offering for the Army-Marine Joint Light Tactical Vehicle (JLTV), according to […]
-
Business/Financial
L-3 Boosts Earnings As Sales Slide
Benefiting from better margins, tax benefits and a decline in interest expense, L-3 Communications [LLL] yesterday reported higher net income in the third quarter although sales fell across each of […]
-
Business/Financial
Boeing AH-6 Preparing For First Customer
Boeing’s [BA] AH-6 light attack/reconnaissance helicopter is on an accelerating path to its first customer–the Saudi Arabian National Guard (SANG)–and more demonstrations in coming months. A Letter of Agreement with […]
-
Business/Financial
Industry Leaders Warn Of Sequestration’s Impacts On Large And Small Companies
The Aerospace Industries Association and leaders of several large defense companies last week warned Congress that the ongoing sequestration is having negative impacts on the defense industrial base for big […]