Business/Financial
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Business/FinancialL-3 Introduces Says Earnings Will Exceed Sales Growth Next Year
L-3 Communications [LLL] this week introduced its financial guidance for 2008, saying its net earnings will grow faster than the company’s organic sales. Earnings per share (EPS) in 2008 are […]
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Business/Financial
Cross Match Drops Price of Planned IPO
By Calvin Biesecker Cross Match Technologies yesterday said it has lowered the expected price range of its forthcoming initial public offering (IPO), suggesting that net proceeds from the sale of […]
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Business/Financial
iRobot Granted Injunction In Trade Secrets Lawsuit
iRobot Corp. (IRBT) yesterday announced the U.S. District Court for the District of Massachusetts has granted, in part, iRobot’s request for preliminary injunction in a lawsuit against former employee Jameel […]
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Business/Financial
General Dynamics UK Team Awarded Assessment Phase For MoD LISTENER Program
General Dynamics [GD] United Kingdom Limited has been awarded a 10-month, approximately $2 million contract for the Assessment Phase of the U.K. Ministry of Defence’s LISTENER program. LISTENER is a […]
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Business/Financial
Aerospace Industry Sales May Top $200 Billion This Year, Douglass Says
Aerospace industry sales may top $200 billion this year, according to John Douglass, the outgoing Aerospace Industries Association president and CEO. That would be a roughly 9 percent advance from […]
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Business/Financial
Rapidly Changing Environment Needs Streamlined Contracting, Raytheon Exec Says
By Ann Roosevelt The United States should keep an eye on acquisition developments around the world, but streamlining the process at home would help in a rapidly changing environment, according […]
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Business/Financial
Navy’s ERP Effort: Transforming Business Practices
By Geoff Fein Earlier this month the Navy transitioned to its new enterprise resources planning (ERP) system that will provide a standard set of management tools to service organizations to […]
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Business/Financial
Business Jets, Combat Vehicles Lift GD To Strong Third Quarter
By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter financial results due to surging sales and earnings at its Aerospace and Combat Systems segments and the company upped […]
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Business/Financial
Northrop Grumman Posts Strong Third Quarter Earnings
By Calvin Biesecker Northrop Grumman [NOC] joined in the defense earnings hit parade yesterday, logging a hefty increase in net income helped by higher sales, improved margins, reduced corporate expenses […]
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Business/Financial
RAFAEL Changes Name, Business Structure
TEL AVIV, Israel—Rafael Advanced Defense Systems is the new name for the Israeli company formerly known as RAFAEL Armament Development Authority, which has been undergoing an extensive assessment and overhaul […]