Business/Financial
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Business/FinancialPrivate Equity Firm Highlander Adds To C-UAS Platform With Black Sage Acquisition
The private equity firm Highlander Partners on Tuesday said it has acquired Black Sage Technologies, a developer and provider of counter-drone solutions that are vendor agnostic and are designed for […]
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Business/FinancialHII Hires Former DoD Chief Of Staff Chewning For New Strategy Position
HII [HII] on Monday said it has hired Eric Chewning to fill a new strategy position within the corporate leadership designed to help the company navigate its way forward as […]
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Business/FinancialL3Harris’ Earnings Fall In Fourth Quarter Despite Solid Sales Gains
L3Harris Technologies [LHX] last Thursday posted lower net income in its fourth quarter due to ongoing macroeconomic issues while sales grew on the strength of the tactical radio, space and […]
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Business/FinancialNorthrop Grumman’s Fourth Quarter Earnings Tumble Despite Strong Sales
Northrop Grumman [NOC] on Thursday reported lower net income in the fourth due to lower pension benefits, although segment operations and sales were strong on contributions from across the company’s […]
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Business/FinancialB-21 Grappling With Inflation But Northrop Grumman Currently Doesn’t See Loss During LRIP
Inflationary and other macroeconomic pressures are buffeting the next-generation stealth bomber program, but Northrop Grumman [NOC] currently doesn’t expect to incur a loss during the initial production phase of the […]
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Business/FinancialBoeing’s Losses Narrow In Fourth Quarter With Boost From Services And Defense
Boeing [BA] on Wednesday reported a smaller net loss in its fourth quarter as losses in its commercial aircraft segment and higher tax expenses more than offset a swing to […]
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Business/FinancialCombat Systems Leads GD To Solid Fourth Quarter As Outlook Improves
General Dynamics [GD] on Wednesday posted a solid end to its fiscal year driven by strong growth and earnings at its operating segment that makes armored vehicles and munitions and […]
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Business/FinancialLockheed Martin Posts Lower Earnings, Higher Sales Amid Major Transformation
Lockheed Martin [LMT] on Tuesday reported better than forecast top and bottom-lines in its fourth quarter, posting strong sales growth and a slight dip in earnings as the company touted […]
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Business/FinancialCommercial Aerospace Boosts Raytheon Technologies In Second Quarter; Realigning Defense Business
Raytheon Technologies [RTX] on Tuesday posted higher earnings and sales in its fourth quarter and full-year driven largely by gains in its business segments supporting the commercial aerospace market while […]
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Business/FinancialU.S. Defense Industrial Base ‘Not Adequately Prepared’ For Future Conflict, New Study Says
A new study released Monday details concerns the U.S. defense industrial base is “not adequately prepared” for future conflict, with efforts to assist Ukraine highlighting areas of weakness in a […]