Business/Financial
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Business/FinancialCarlyle To Acquire ManTech For $4.2 Billion
Ending more than two months of speculation about a potential buyer, ManTech International Corp. [MANT] on Monday said it has agreed to be acquired by the private equity firm Carlyle […]
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Advanced / Transformational TechnologyRaytheon Technologies’ New Venture Arm Invests In Hypersonic Aircraft Company Hermeus
RTX Ventures, a capital investment group recently set up by Raytheon Technologies [RTX], on Thursday said it made a strategic investment in the start-up company Hermeus Corp., which is developing […]
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Business/FinancialBWXT Q1 Earnings Decline As Revenue Rises
Earnings fell at BWX Technologies [BWXT] in the first quarter, which the company attributed Monday to pension issues and lower productivity in the naval reactors business. Net earnings for the […]
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Business/FinancialLockheed Martin Aims To Double Javelin Production Up To 4,000 Missiles Per Year, CEO Says
Lockheed Martin [LMT] is aiming to nearly double its production capacity for Javelins from 2,100 up to 4,000 per year, a process the company’s chief executive officer said may take […]
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Business/FinancialPalantir Forecasting At Least 30 Percent Growth In Coming Years
The fast-growing software and data analytics firm Palantir Technologies [PLTR] expects its sales to grow at least 30 percent annually through 2025 driven by continued increases in government and commercial […]
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Navy/USMCHII: Lionfish Win Allows More International Sales
This week the CEO of HII [HII] said the company’s selection for the Navy’s Lionfish Small Unmanned Undersea Vehicle (SUUV) allows it to expand international sales. In March, the Navy […]
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Business/FinancialBoeing to Move Headquarters From Chicago to Northern Virginia
Boeing [BA] is moving its headquarters from Chicago to Arlington, Virginia, the company said May 5. The company plans to develop a research and technology hub in the area focused […]
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Navy/USMCGeneral Dynamics Picks Gulfstream Executive To Lead Bath Iron Works
General Dynamics [GD] said on Wednesday the new president of Bath Iron Works (BIW) will be Charles Krugh, executive of subsidiary Gulfstream Aerospace. Last month, former BIW president Dirk Lesko […]
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Business/FinancialHII Reports Lower Earnings, Higher Sales In First Quarter
HII [HII] on Thursday posted lower net income in the first quarter due to lower risk retirements at its shipbuilding segments while the company’s sales were higher due to an […]
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Business/FinancialLeidos Opens Year With Higher Sales, Lower Earnings
Leidos [LDOS] on Tuesday posted higher sales in the first quarter driven by gains across its operating segments, although earnings fell due largely to positive legal adjustment a year […]
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