Business/Financial

Kratos Defense & Security Solutions [KTOS] on Tuesday said it has agreed to acquire Israel-based Orbit Technologies Ltd. in a $356.3 million cash deal that complements its existing satellite communications […]

Ondas Holdings [ONDS] on Tuesday said it has agreed to acquire counter-drone technology company Sentrycs for $225 million, the third deal it has announced in a week for an Israeli-based […]

Earnings rose significantly at BWX Technologies (BWXT), Lynchburg, Va., in the third quarter, which the company attributed to its “differentiating nuclear credentials” and some multi-year, special materials contracts it received. […]

Leidos [LDOS] on Tuesday reported a slight increase in earnings in its third quarter led by its Health and Civil segment while sales growth was solid. Net income edged up […]

Hanwha Defense USA said Michael Coulter has been appointed president and CEO of the company, taking over for Michael Smith who is now the company’s chief operating officer and president […]

Firehawk Aerospace on Monday said it has received a strategic investment from Hanwha Defense USA to further develop the Dallas-based startup’s rocket motor and related propellant technology. The size of […]

Jim Currier, the current president and CEO of Honeywell’s [HON] aerospace segment, will continue to lead Honeywell Aerospace once the business is spun-out as planned in the second half of […]

Boeing [BA] on Monday said it has closed its $10.6 billion cash sale of portions of its Digital Aviation Solutions business to the software investment firm Thoma Bravo as the […]

Aided by strong results across its portfolio and an ongoing transformation initiative, L3Harris Technologies [LHX] on Thursday reported strong third quarter results. Net income rose 16 percent to $462 million, […]

HII [HII] on Thursday posted strong third quarter results on ample top and bottom-line performance at its shipbuilding operations combined with a solid contribution from the Mission Technologies segment. Net […]