Business/Financial
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Business/FinancialPension Benefit Helps HII To Earnings Gain In Fourth Quarter
HII [HII] on Thursday reported slightly higher earnings in its fourth quarter driven by a pension benefit while the company enjoyed solid gains in its top-line due to improvements across its […]
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Business/FinancialNGA Awards Maxar $192 Million To Provide Commercial Imagery Products To Allies And Partners
Maxar Technologies [MAXR] on Wednesday said it has received a potential $192 million contract from the National Geospatial-Intelligence Agency (NGA) to provide U.S. allies and partners with commercial satellite imagery […]
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Business/FinancialJacobs Reports Strong Numbers From Continuing Ops in First Quarter of Fiscal 2023
Jacobs [J], a Department of Energy contractor, had earnings from continuing operations of $136 million or $2 million more than the $134 million recorded a year ago, according to its […]
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Business/FinancialDeadline Approaching For Comments On Proposed Rule To Disclose Greenhouse Gas Emissions
Feedback is due next week on a proposed rule for federal contractors, including defense companies, to require disclosure about greenhouse gas (GHG) emissions, plans to reduce those emissions, and climate-related […]
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Business/FinancialLone Star Funds To Acquire Ship Repair, Marine Business
The private equity firms Carlyle [CG] and Stellex Capital Management last Friday said they have reached a deal to sell their ship repair and marine fabrication business to another private […]
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Business/FinancialMercury Systems Up For Sale
Defense electronics suppler Mercury Systems [MRCY] on Wednesday said it has hired financial advisers to help explore a possible sale of the company, which has been under pressure from an […]
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Business/FinancialCapella Space Strengthens Government, Classified Focus With New Subsidiary
Satellite imagery provider and technology company Capella Space on Tuesday said it has stood up a new subsidiary, Capella Federal, to better serve the federal government, in particular the classified […]
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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 […]