Business/Financial

Northrop Grumman [NOC] on Thursday posted strong sales in its second quarter but like some of its peers, earnings tumbled. Net income fell 14 percent to $812 million, $5.34 earnings […]

The first B-21 Raider stealth bomber flight-test aircraft was successfully powered-on during the second quarter, a key milestone ahead of the initial flight that is expected during the second half […]

The federal government did not require L3Harris Technologies [LHX] to negotiate a consent agreement to ensure it would be an unbiased supplier of tactical missile motors and rocket engines before […]

L3Harris Technologies [LHX] on Wednesday said its net income fell in the second quarter largely due to asset impairment charges despite strong sales growth. Net income tumbled 25 percent to […]

L3Harris Technologies [LHX] on Wednesday afternoon after the close of the stock markets said the Federal Trade Commission notified the company it would not oppose its $4.7 billion acquisition of […]

As the Cybersecurity and Infrastructure Security Agency (CISA) continues through a lengthy rulemaking process to establish requirements for cybersecurity incident reporting by certain critical infrastructure entities, the Securities and Exchange […]

Losses on several defense and space programs combined with a wider loss in the commercial airplane building segment led Boeing [BA] on Wednesday to report a net loss in income […]

General Dynamics [GD] on Wednesday posted lower net income despite strong sales growth in its second quarter in part due to a decline in operating earnings at its Technologies and […]

In space transportation company Impulse Space on Monday said it raised $45 million in a funding round led by the venture arm of RTX [RTX] that will be used in […]

RTX [RTX] on Tuesday posted strong sales although net income rose marginally due to various accounting adjustments and a customer insolvency and the company also disclosed an issue in its […]