Business/Financial
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Business/FinancialNewport News Division Leads HII’s Earnings Down In Second Quarter
HII [HII] on Thursday reported a drop in second quarter net earnings despite higher sales largely due to lower performance on the Virginia-class submarine program and aircraft carrier construction at […]
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Business/FinancialSoftware Company Reveal Technology Raises $30 Million
Reveal Technology, a software company focused on providing 3D mapping from drone video and multimodal biometrics on tactical mobile devices, on Tuesday said it closed a $30 million funding round […]
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Air ForceMerlin to Integrate Its Mission Autonomy Software Onto Northrop Grumman M437
Boston-based Merlin said on Wednesday that it is to integrate its Merlin Pilot autonomy software for Northrop Grumman‘s [NOC] Beacon testbed project using the Scaled Composites Model 437 (M437) aircraft. […]
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Business/FinancialLeonardo DRS Continues Strong Momentum In Second Quarter
Following up a stout first quarter, Leonardo DRS [DRS] on Wednesday posted strong second quarter top and bottom-line results driven by both of its operating segments and the company raised […]
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Advanced / Transformational TechnologySaronic Develops Mission Platform For Its Family Of ASVs
Saronic Technologies on Wednesday unveiled a comprehensive mission platform designed for planning, simulation, and operations of multiple assets of the company’s family of autonomous surface vessels (ASVs) from a single […]
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Business/FinancialBoeing’s Losses Narrow In Second Quarter, Sales Soar On Commercial Aircraft Deliveries
Boeing [BA] more than halved its losses in the second quarter on operational improvements across the company, in particular the defense segment which suffered no charges on fixed-price development programs […]
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Business/FinancialFirefly’s Losses Widened In First Half Of 2025; Expects To Raise About $600 Million In IPO
Space technology company Firefly Aerospace on Monday said its estimated net loss in the first half of 2025 will be wider than the same period a year ago, although sales […]
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Business/FinancialStrike Looms As Boeing’s Defense Workers In St. Louis Reject Contract Offer
Machinist union members at Boeing’s [BA] defense operations in the St. Louis region on Sunday “overwhelmingly” voted against the company’s contract offer, setting the stage for a potential strike that […]
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Business/FinancialU.S. Tungsten Mining Company Expects To Be Operational Before Trump Leaves Office
A London-based company with operations focused solely in Nevada expects to begin tungsten mining operations in 2028–the first U.S. tungsten mines in years amid ongoing Chinese export restrictions of the […]
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CongressRight to Repair Provisions in Senate and House Defense Authorization Bills
The Senate Armed Services Committee (SASC) and House Armed Services Committee (HASC) versions of their respective fiscal 2026 defense authorization bills contain “right to repair” provisions aimed at a reduction […]