Business/Financial
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Business/FinancialTwo Six Technologies Acquires Data Security Company Thresher Ventures
Two Six Technologies this week said it has acquired Thresher Ventures, LLC, which provides security against data manipulation by foreign governments, in particular China, complementing the company’s existing cybersecurity capabilities. […]
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Business/FinancialL3Harris Ekes Out Income Gain, Sales Down In First Quarter
L3Harris Technologies [LHX] last Thursday after the markets closed posted slightly higher earnings in its first quarter due to a number of non-operating costs in the same period a year […]
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Business/FinancialRaytheon Technologies Invests In Rocket Propulsion Company Firehawk
Raytheon Technologies [RTX] on Thursday said its Missiles and Defense segment has invested in Firehawk Aerospace, a startup developing and manufacturing lower cost, high-performance hybrid rocket engines. The size of […]
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Business/FinancialNorthrop Grumman Touts B-21 Benefit In First Quarter; Income, Sales Slip
Northrop Grumman [NOC] on Thursday posted first quarter results that included a boost from its ongoing development work on the Air Force’s B-21 next-generation stealth bomber. The $67 million benefit […]
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Business/FinancialGD Reports Higher First Quarter Income On Flat Sales
General Dynamics [GD] on Wednesday reported an increase in net earnings in the first quarter driven by lower taxes and net interest expense although sales were flat. Net income rose […]
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Business/FinancialFuture Air Force One, T-7A Trainer Hit By $1 Billion In Charges In Boeing’s First Quarter
Boeing [BA] on Wednesday said two of its Air Force development programs, the VC-25B presidential transport plane and the T-7A trainer aircraft, suffered more than $1 billion in combined write-offs, […]
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Business/FinancialDoE Locks in Honeywell Subsidiary at Nuclear Weapons Lab for Five More Years
Honeywell’s [HON] wholly owned subsidiary National Engineering and Technology Solutions of Sandia will be the prime contractor for the Sandia National Laboratories for another five years, the Department of Energy’s […]
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Advanced / Transformational TechnologyBooz Allen Invests In Small Company That Brings Analytics, AI To Tactical Edge
Booz Allen Hamilton [BAH] on Tuesday said it has invested in Reveal Technology, a small company developing visual analytics and artificial intelligence that can rapidly assist squad-level forces with threat […]
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Business/FinancialCOVID Impacts, As Expected, Help Send Lockheed Martin’s Earnings And Sales Down In First Quarter
Lockheed Martin [LMT] on Tuesday posted declines in its top and bottom lines in the first quarter due to program transitions and supply chain and operations challenges related to COVID-19. […]
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Business/FinancialTTM Technologies To Acquire Telephonics From Griffon Corp.
TTM Technologies [TTMI] on Monday said it has agreed to acquire the Telephonics business unit from Griffon Corp. [GFF] in a $330 million cash deal that will significantly boost its […]