Business/Financial
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Navy/USMCHII And South Korea’s Hyundai Agree To Jointly Bid For Navy Auxiliary Ships
HII [HII] and South Korea’s HD Hyundai Heavy Industries (HHI) over the weekend signed a memorandum of agreement (MoA) to start “deeper collaboration” between the firms, including jointly bidding on […]
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Business/FinancialAfter Union Narrowly Rejects Contract Offer, Boeing Says Focused On Contingency Plan
Boeing [BA] on Sunday said its defense business is focusing on the “next phase of our contingency plan” after union members voted against the company’s latest contract offer. Exactly what […]
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SpaceVoyager Acquires Spacecraft Electric Propulsion Supplier ExoTerra
Voyager Technologies [VOYG] on Monday said it has acquired ExoTerra Resource in a deal that gives it capabilities in compact electric propulsion systems used to maneuver satellites in orbit. Terms […]
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Business/FinancialGD Posts Strong Third Quarter Results On Aerospace, Shipbuilding
General Dynamics [GD] last Friday reported strong third quarter financial results largely due to its Aerospace and Marine Systems segments, continuing a sturdy run of top and bottom-line gains all […]
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Business/FinancialToni Townes-Whitley Departs SAIC, Ex-Leidos CFO Named Interim Chief
Science Applications International Corp. [SAIC] after the stock market close Thursday afternoon said James Reagan, former chief financial officer (CFO) of Leidos [LDOS], has been appointed interim CEO effective immediately, […]
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Advanced / Transformational TechnologySaronic Collaborating With NVIDIA To Advance Maritime Autonomy
Saronic Technologies on Thursday said it has partnered with computer chip developer NVIDIA [NVDA] to deepen and expand their existing relationship to accelerate the benefits of artificial intelligence technology for […]
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Business/FinancialTextron Taps Bell Chief Atherton As New President And CEO
Textron [TXT] on Wednesday said it has appointed Lisa Atherton, currently the head of its Bell segment, as the company’s new president and CEO effective Jan. 4, 2026. Atherton, 51, […]
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Air ForceEngineering Analysis Underway For Upgraded F-35, F-22 Based On NGAD Development
Lockheed Martin [LMT] has begun the “engineering analysis” around adding sixth-generation features to the company’s fifth-generation fighters based on development work it did on the losing bid for the Air […]
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Business/FinancialNorthrop Grumman Reports Strong Third Quarter; Another B-21 Award Expected Soon
Fueled by its Defense Systems and Mission Systems segments, Northrop Grumman [NOC] on Tuesday reported strong third quarter results amid mixed results in its other businesses. Net income rose 7 […]
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Business/FinancialRTX Posts Strong Third Quarter On Commercial, Defense Work
Commercial and defense business drove strong third quarter results at RTX [RTX], which raised its earnings outlook after lowering it in July due to tariff concerns. Tariff headwinds remain but […]