Business/Financial
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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 […]
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Business/FinancialNorthrop Grumman’s Earnings Down, Sales Up In Third Quarter
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 […]
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Business/FinancialEarnings, Sales Up At GD In Third Quarter Powered Again By Aerospace
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 […]
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Business/FinancialSlew Of Charges In Defense Segment Waylay Boeing’s Third Quarter Income
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 […]
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Business/FinancialLeonardo DRS Receives CFIUS Approval For RADA Acquisition
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 […]
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Business/FinancialLockheed Martin Partners With Red Hat To Enhance AI At The Edge
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 […]
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Business/FinancialRaytheon Technologies Posts Higher Sales On Strong Commercial Aerospace, Offsetting Defense Weakness
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 […]
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Nuclear ModernizationDitch Award Fees For Prime Contractors; M&O Parent Cos. of Little Help, New NNSA Report Says
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 […]
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Business/FinancialSilverEdge Acquires Counter Threat Solutions
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 […]