Business/Financial
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Business/FinancialDoE Kicks Off Competition for Contract That Will Fund Nuke-Core Work for ICBMs
The Department of Energy kicked off procurement of the next Savannah River Site management and operations contract by publishing a request for information from industry about a pact that will […]
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Business/FinancialSmiths Detection Completes Acquisition Of PathSensors
Smiths Detection on Tuesday said it has completed its acquisition of PathSensors, a developer of biological detection technology used in defense, food safety and emerging disease applications. Terms of the […]
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Business/FinancialAcquisitions, Payment Boost Leidos In Second Quarter
Leidos [LDOS] on Tuesday posted higher sales and earnings in its second quarter driven by two acquisitions earlier this year and a payment related to patent infringement, more than offsetting […]
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Business/FinancialNavy Biz Insulates BWXT From Worst of Pandemic Ills; Partial Va. Sub Order Suits Company Fine, CEO Says
Insulated from the worst of the COVID-19 pandemic by its large government contracts and a bread-and-butter nuclear Navy business that didn’t shut down in the spring, BWX Technologies [BWXT] posted […]
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Business/Financial
Navy Nuke Biz Insulates BWXT From Worst of Virus Ills
Insulated from the worst of the COVID-19 pandemic by its big government contracts and a bread-and-butter nuclear-Navy business that never shuts down, BWX Technologies [BWXT] posted a modest uptick in […]
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Business/FinancialArlington Capital Partners To Acquire Triumph’s Composite Business
Triumph Group, Inc. [TGI] on Monday said it has agreed to sell its aerospace composites businesses to Arlington Capital Partners, part of the company’s ongoing efforts to divest its non-core […]
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Business/FinancialDraft Solicitation for New Pantex-Y-12 Contract Coming This Month, NNSA Says
The National Nuclear Security Administration (NNSA) will continue to bundle management of the Y-12 National Security Complex in Tennessee and the Pantex Plant in Texas in the post Consolidated Nuclear […]
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InternationalLockheed Martin Bids F-35 for Canada Future Fighter Competition
Lockheed Martin [LMT] is bidding its F-35 fighter for the Royal Canadian Air Force Future Fighter competition to replace 76 Boeing [BA] CF-18s, according to a July 30 submission to […]
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Business/FinancialEarnings Fall At L3Harris On Divestiture, COVID Costs
L3Harris Technologies [LHX] last Friday reported a big drop in proforma net income due to the sale of its security detection and automation business, costs related to the ongoing pandemic, […]
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Business/FinancialNorthrop Grumman Posts Strong Second Quarter, Raises Guidance
Bolstered by generally solid results across its operating segments, Northrop Grumman [NOC] on Thursday reported higher sales and earnings in its second quarter and the company raised its outlook for […]