Business/Financial

York Space Systems on Monday said it has completed construction of a new spacecraft manufacturing and testing facility, which will allow the company to double production capacity and build more […]

CACI International [CACI] on Wednesday posted strong overall results in its fourth quarter on a double-digit earnings gain, helping drive solid results overall for the company’s fiscal year 2023. Net […]

President Biden has signed a new executive order restricting U.S. investment in some Chinese advanced technology areas, specifically semiconductors, artificial intelligence and quantum computing, which the administration has said could […]

Earnings fell at Jacobs [J], Dallas, in the third quarter of its fiscal 2023 year as the international engineer company continued to move toward a sale of its government contracting […]

Revenue and earnings rose in the second quarter at Parsons Corp. [PSN], Centreville, Va., buoyed year-over-year by the start of some federal contract work and the 2022 acquisition of cyber […]

Several federal departments and agencies, including the Defense Department, last week proposed a rule that would require agencies to purchase sustainable products and services pursuant to an executive order from […]

HII [HII] on Wednesday said its Mission Technologies segment won the $1.4 billion Joint Network Engineering and Emerging Operations (J-NEEO) task order, which support a program office within the Defense […]

HII [HII] on Thursday reported lower earnings in the second quarter on a steep drop in operating income at two of its business segments despite a solid increase in sales. […]

Leonardo DRS [DRS] on Wednesday reported strong earnings in its second quarter due to benefit from a legal reversal and a tax benefit from research and development credits while sales […]

Leidos [LDOS] can better leverage prior acquisitions, some of which have not fulfilled their original business case, the company’s financial performance at times has been subpar and it needs more […]