Business/Financial
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Business/FinancialNorthrop Grumman Complying With Solid Rocket Motor Order In Orbital ATK Deal, Warden Says
Northrop Grumman’s [NOC] top executive on Thursday rejected any government concerns that the company isn’t complying with a consent order it agreed to in 2018 as part of its deal […]
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Business/FinancialLabor, Supply Chain Challenges Help Send Northrop Grumman’s Sales And Earnings Down
Northrop Grumman [NOC] on Thursday reported lower sales and earnings in its second quarter due in part to labor shortages and difficulty getting materials, although it said the tight labor […]
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Business/FinancialRaytheon Technologies Leads Funding Round In Hybrid-Electric Propulsion Startup
VerdeGo Aero, a startup company developing hybrid-electric propulsion for aircraft, on Wednesday announced a $12 million funding round led by RTX Ventures, the corporate capital group of Raytheon Technologies [RTX]. […]
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Business/FinancialDefense Weighs On Boeing’s Second Quarter Results
Boeing [BA] on Wednesday reported another quarter of lackluster results that included another series of charges in its defense segment, although losses in its commercial aircraft business narrowed and the […]
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Business/FinancialGD’s Income Up In Second Quarter Driven By Aerospace
General Dynamics [GD] on Wednesday reported higher earnings in its second quarter despite flat sales on strong results in its operating segment to build business jets and provide aerospace services. […]
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Navy/USMCNorthrop Grumman Conducts Flight Test On Prototype Missile
Northrop Grumman [NOC] completed a third captive flight test of an unnamed internally funded air-launched prototype missile development series last month, the company said on July 25. The test occurred […]
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Business/FinancialVeritas Invests In RF Company Epiq Solutions
Veritas Capital on Tuesday said it has made a strategic investment in Epiq Solutions, a provider of radio frequency (RF) solutions and components for the aerospace and defense markets. Terms […]
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Business/FinancialCommercial Aerospace Recovery Powers Raytheon Technologies Higher In Second Quarter
Raytheon Technologies [RTX] on Tuesday posted higher sales and earnings in its second quarter driven by the ongoing recovery in commercial air travel, but the company’s defense businesses were largely […]
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Business/FinancialBoeing Plants Targeted For Aug. 1 Strike By Aerospace Workers Union
About 2,500 union workers at Boeing [BA] manufacturing facilities in the St. Louis area could strike Aug. 1, the St. Louis Post-Dispatch and other news outlets reported Sunday after members […]
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Business/FinancialHII Announces Shakeup In Newport News Shipbuilding Leadership
HII [HII] announced several leadership changes and promotions on July 20 as it shuffles positions in its Newport News Shipbuilding (NNS) division, effective immediately. Matt Needy was moved from vice […]
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