Business/Financial
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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 […]
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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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