Business/Financial
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Business/FinancialNorthrop Grumman Powers On B-21; Won’t Bid On NGAD
The first B-21 Raider stealth bomber flight-test aircraft was successfully powered-on during the second quarter, a key milestone ahead of the initial flight that is expected during the second half […]
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Business/FinancialNo Consent Decree Required For FTC Approval Of Aerojet Deal, L3Harris’ Kubasik Says
The federal government did not require L3Harris Technologies [LHX] to negotiate a consent agreement to ensure it would be an unbiased supplier of tactical missile motors and rocket engines before […]
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Business/FinancialL3Harris Reports Strong Sales, Lower Earnings In Second Quarter
L3Harris Technologies [LHX] on Wednesday said its net income fell in the second quarter largely due to asset impairment charges despite strong sales growth. Net income tumbled 25 percent to […]
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Business/FinancialL3Harris To Close Aerojet Rocketdyne Deal Shortly After FTC Gives Nod
L3Harris Technologies [LHX] on Wednesday afternoon after the close of the stock markets said the Federal Trade Commission notified the company it would not oppose its $4.7 billion acquisition of […]
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CyberSEC Approves Rule On Cybersecurity Incident Disclosures, Risk Management Plans
As the Cybersecurity and Infrastructure Security Agency (CISA) continues through a lengthy rulemaking process to establish requirements for cybersecurity incident reporting by certain critical infrastructure entities, the Securities and Exchange […]
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Business/FinancialBoeing Swings To Loss In Second Quarter On Defense, Space And Commercial Programs
Losses on several defense and space programs combined with a wider loss in the commercial airplane building segment led Boeing [BA] on Wednesday to report a net loss in income […]
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Business/FinancialGD’s Earnings Dip Despite Strong Sales In Second Quarter
General Dynamics [GD] on Wednesday posted lower net income despite strong sales growth in its second quarter in part due to a decline in operating earnings at its Technologies and […]
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Business/FinancialImpulse Space Raises $45 Million In Funding Round Led By RTX Ventures
In space transportation company Impulse Space on Monday said it raised $45 million in a funding round led by the venture arm of RTX [RTX] that will be used in […]
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Business/FinancialEarnings Edge Higher, Sales Strong At RTX In Second Quarter
RTX [RTX] on Tuesday posted strong sales although net income rose marginally due to various accounting adjustments and a customer insolvency and the company also disclosed an issue in its […]
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Business/FinancialBooz Allen To Pay $377 Million To Resolve Justice Department Allegations
The Justice Department last Friday said Booz Allen Hamilton [BAH] has agreed to pay the U.S. government $377.5 million to resolve allegations that it violated federal law by improperly charging […]
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