Business/Financial
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Business/FinancialPCX Aerosystems Acquires Timken’s Aerospace Drive Systems Unit
PCX Aerosystems on Monday said it has acquired Timken Aerospace Drive Systems (ADS), which provides aerospace transmission assemblies, gear boxes, flight critical components and overhaul and repair services for the […]
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Business/FinancialBollinger To Acquire Halter Marine, Gaining Polar Security Cutter Program
Bollinger Shipyards on Sunday evening said it has agreed to acquire VT Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) in a deal that would give it the Coast […]
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Business/FinancialMaxar Acquires Wovenware To Strengthen AI Capabilities
The commercial remote sensing company Maxar Technologies [MAXR] on Thursday said it acquired Wovenware, which specializes in artificial intelligence and software developing, and will make the Puerto Rico-based company one […]
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Business/FinancialHII’s Income Falls Despite Higher Sales
HII [HII] on Thursday reported lower third quarter earnings due to higher taxes and negative impacts from equity investments while sales were up mainly due to an acquisition a year […]
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Business/FinancialElbit America Acquires Airborne Sensor Provider Logos Technologies
Elbit Systems of America on Wednesday said its subsidiary Sparton De Leon Springs has acquired Logos Technologies, which provides a range of sensors for airborne assets. Terms of the deal […]
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Business/FinancialEarnings Down, Sales Up At Leidos In Third Quarter
Leidos [LDOS] on Tuesday reported lower net income on lower operating profit, higher taxes and a foreign exchange loss related to the acquisition of a business in Australia. Net income […]
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Business/FinancialLeidos Posts Uptick in Security Business; International Lagging
Leidos [LDOS] saw modest growth in its security solutions work during the third quarter of fiscal year 2022 but the growth driver ahead will be a return to international air […]
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Business/FinancialLockheed Martin Invests $100 Million In Terran Orbital; Companies Enter New Strategic Agreement
Satellite designer and manufacturer Terran Orbital Corp. [LLAP] on Monday said it has received a $100 million investment from Lockheed Martin [LMT] to allow the company to accelerate and expand […]
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Business/FinancialL3Harris Swings To Loss In Third Quarter; Lowers Earnings And Sales Outlook
L3Harris Technologies [LHX] last Thursday reported a loss in its third quarter largely due to a hefty impairment charge and also due to ongoing macroeconomic factors plaguing the U.S. and […]
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Business/FinancialAEI Portfolio Company FireTeam Solutions Acquires Case Consulting
Intelligence community services provider FireTeam Solutions this week acquired another software company that does business with the intelligence community, Case Consulting, expanding its capabilities and broadening its reach. Terms of […]