Business/Financial

After 13 years at the helm of FLIR Systems [FLIR], the company on Friday said that Earl Lewis will retire next month as president and CEO and will be succeeded […]

Basically in line with its peers, Raytheon [RTN] yesterday posted higher first quarter earnings amid flat sales, as an extension of the federal research and development tax credit combined with […]

Defense Secretary Philip Hammond told Parliament yesterday that a year-long assessment phase has begun that is expected to lead to reform of the Ministry of Defense’s (MoD) equipment and support […]

L-3 Communications [LLL] yesterday posted higher net income thanks to the reinstatement of the federal research and development tax credit as the company’s operating income actually fell due to a […]

Lockheed Martin [LMT] yesterday opened a new Cyber Center of Excellence in Maryland near Fort Meade to better connect its employees, partners and customers as it builds its cyber security […]

Strong operating performance across the company combined with the extension of the federal research and development (R&D) tax credit powered a double-digit increase in Boeing’s [BA] first quarter earnings although […]

Bolstered by its strong stock repurchase program and solid operating performance, Northrop Grumman [NOC] yesterday reported per share earnings that handily beat analysts’ expectations even though sales and net income […]

General Dynamics [GD] yesterday posted a small rise in first quarter earnings due to improved operating margins, lower interest expense and taxes despite a slight drop in sales as work […]

Orbital Sciences Corp. [ORB] yesterday said its first quarter earnings rose sharply on margin improvements across its business segments despite sales that remained relatively level with a year ago. Net […]

Lockheed Martin [LMT] yesterday posted strong first quarter earnings despite a slight dip in sales due to operational improvements and the company left its outlook for the year relatively intact […]