Business/Financial
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Business/Financial
Mission Technologies, Ingalls Drive Strong Opening Quarter At HII
HII [HII] on Monday reported strong first quarter results led by its Mission Technologies and Ingalls Shipbuilding segments. HII credited work on C5ISR and cyber, electronic warfare, and space for […]
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Business/Financial
Big Charge In First Quarter, But Parsons Reports Business Booming
Net earnings fell drastically for Parsons [PSN] after a big tax hit in its first quarter, but the federal contractor on Wednesday reported record revenue and healthy core operations. Parsons […]
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Business/Financial
Leonardo DRS Reports Strong First Quarter Results
Buoyed by strong performance across its operating segments, Leonardo DRS [DRS] on Wednesday reported that net income in its first quarter more than doubled and sales were up handsomely, and […]
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Business/Financial
SES Explains the Strategy Behind its Long-Anticipated Acquisition of Intelsat
SES and Intelsat closed the chapter on the will they/won’t they story, with news on Tuesday that SES will acquire Intelsat for $3.1 billion. It is a massive piece of industry consolidation, bringing […]
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Business/Financial
Space And Missile Defense Company SAS Acquires Small Firm Serving MDA
SAS on Tuesday said it has acquired Willbrook Solutions, Inc., a small company with expertise in ground and space-based missile defense, the first deal by SAS since partnering recently with […]
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Business/Financial
Leidos Reports Strong First Quarter Results As Earnings Soar On Health Business
Leidos [LDOS] on Tuesday reported that net income surged in its first quarter driven by work in its health business and sales were up handsomely driven by growth across its […]
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Business/Financial
Boeing Acquires GKN Aerospace Unit In St. Louis That Supports F/A-18, F-15 Programs
Boeing [BA] last Friday said it has acquired GKN Aerospace’s site in St. Louis that supports the company’s production of F/A-18 and F-15 fighter aircraft. Terms of the deal were […]
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Business/Financial
L3Harris’ Earnings Down In First Quarter On Non-Operating Items
L3Harris Technologies [LHX] last Thursday posted a steep decline in net income due to ongoing efficiency efforts combined with one-time costs related to an acquisition last year, although sales were […]
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Business/Financial
Operations Lead Northrop Grumman To Strong First Quarter Results
Northrop Grumman [NOC] on Thursday reported strong first quarter results driven by gains across its operating segments, particularly Aeronautics Systems, which benefited from work on fighter and unmanned aircraft. Net […]
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Business/Financial
Defense, Despite Charges, And Services Are Bright Spots For Boeing But Commercial Troubles Outweigh
Boeing’s [BA] losses narrowed in the first quarter despite lower sales which were down on fewer commercial aircraft deliveries, but overall solid results in the company’s defense and services segments […]