Business/Financial
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Business/FinancialBoeing Swings To Loss In Third Quarter As Pandemic Pounds Away
Boeing [BA] on Wednesday reported a third quarter loss primarily due to declines in its commercial aircraft and services businesses stemming from the ongoing pandemic, but the bleeding also seeped […]
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Business/FinancialGD Posts Lower Income, Sales In Third Quarter Due To COVID
General Dynamics [GD] on Wednesday reported top and bottom-line declines in its third quarter, largely on continued weakness in its business aviation business stemming from the ongoing pandemic, which also […]
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Business/FinancialRaytheon Technologies’ Profit Falls On Continued Weakness In Commercial Market
Raytheon Technologies [RTX] on Tuesday reported lower third quarter earnings due to continued weakness in commercial aerospace although the results, adjusted for various charges, topped analysts’ expectations. Net income in […]
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Business/FinancialRaytheon Technologies Selling Forcepoint Cyber Business To Investment Firm
Raytheon Technologies [RTX] on Monday said it has agreed to sell its commercial cyber security business Forcepoint to the investment firm Francisco Partners, ending a five-year run with the business […]
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Business/FinancialPAE To Acquire CENTRA Technology To Expand Intelligence Community Presence
PAE Inc. [PAE] on Monday said it has agreed to acquire CENTRA Technology in a $208 million cash deal that will add new customers in the intelligence community, and Departments […]
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Business/FinancialPalantir Forecasts Major Increase in Its Share of DoD, Other Federal Software Business
Denver-based Palantir Technologies, Inc. [PLTR] forecasts a major increase in the company’s share of DoD, intelligence community, and other federal software business, as the company seeks to become the “central […]
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Business/Financial
Private Equity Firm AEI Acquires National Security Services Firm PCI
AE Industrial Partners on Monday said it has acquired PCI, a provider of cyber security, computer network operations, data analytics and cloud solutions to the intelligence community, defense customers and […]
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Business/FinancialStrong Operating Results Propel Northrop Grumman In Third Quarter
Northrop Grumman [NOC] on Thursday posted solid third quarter financial results driven by strong operating performance at its business segments and pension gains, helping the company overcome higher taxes. Net […]
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Business/FinancialDelayed Earnings Report Shows Fluor With 1Q Loss
Texas-based Fluor [FLR], a major contractor at Department of Energy nuclear weapon sites, lost $171 million, or $1.22 per share, for its first quarter that ended March 31, according to […]
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Business/FinancialBAE Systems Partnering With Elbit America To Develop Combat Vehicle Technologies
BAE Systems said Wednesday it has partnered with Elbit Systems of America to work on developing new combat vehicle technologies. Collaborative work will focus on new capabilities for combat vehicles […]