Business/Financial
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Business/FinancialNavy 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 […]
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Business/FinancialBoeing’s Losses Narrow But Sales Tumble As Outlook Remains Bleak
Boeing [BA] on Wednesday reported a loss in its second quarter, but not quite as bad as a year ago, as sales fell sharply on fewer commercial aircraft deliveries due […]
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Business/FinancialAmid Pandemic, GD’s Earnings, Sales Fall In Second Quarter Led By Aerospace, IT
General Dynamics [GD] on Wednesday posted lower earnings and sales in its second quarter on continued weakness in its Aerospace segment and an overall decline in its government and defense […]
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Unmanned SystemsAirMap Parts Ways with CEO David Hose, Initiates Search for New Chief Executive
Amid the ongoing impact of the COVID-19 pandemic and continuing regulatory delays for the drone industry, UAS service supplier AirMap is parting ways with CEO David Hose and initiating a […]
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Business/FinancialAerospace And Defense M&A Deal Values, Volume Down In First Half, PwC Says
The value and number of merger and acquisitions in the global aerospace and defense industry in the first half of 2020 is down significantly versus a year ago coinciding with […]