Business/Financial

Northrop Grumman [NOC] on Thursday reported lower net income due to a combination of operating and non-operating factors while sales edged higher largely on the strength of its booming space […]

General Dynamics [GD] on Wednesday posted higher top and bottom-line third quarter results driven by continued strong performance in its Aerospace segment, followed by a solid showing in its shipbuilding […]

Boeing [BA] on Wednesday reported dramatically wider losses in its third quarter primarily driven by difficulties across a number of its defense programs stemming largely from continued supply chain and […]

Leonardo DRS, Inc. on Tuesday said that it received approval from the Committee on Foreign Investment in the United States (CFIUS) to acquire Israel’s RADA Electronic Industries [RADA], clearing a […]

Lockheed Martin [LMT] on Tuesday said it is collaborating with Red Hat, Inc. to bring advanced software to the tactical edge that will allow for better sensing based on artificial […]

Raytheon Technologies [RTX] on Tuesday reported higher sales in its third quarter driven by continued strong demand for commercial aerospace products. The ongoing recovery in the commercial aerospace business more […]

The prime contractors for civilian nuclear-weapon sites get no “lasting benefit” from their corporate parent companies, the interests of which may conflict with national security, a small group of National […]

SilverEdge Government Solutions on Monday said it has acquired Counter Threat Solutions, LLC (CTS), adding scale and capabilities in analysis and information technology for defense and intelligence customers. Terms of […]

In the nine months just ended, renationalization of the U.K. nuclear weapons complex cost Lockheed Martin’s [LMT] Space segment more than three quarters of a billion dollars, the company reported […]

Sen. Elizabeth Warren (D-Mass.) is questioning the propriety of top officials at the National Defense Industrial Association (NDIA) advocating inflation adjustments for defense contractors. “I am writing regarding my concerns […]