Business/Financial
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Business/FinancialBoeing, GKN Extend Partnership On Military Aircraft Components
Britain’s GKN Aerospace on Monday said it has extended its partnership with Boeing [BA] to continue to provide structural components and assemblies for major military aircraft. The contracts cover the […]
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Business/FinancialArmed Services Lawmakers Largely Slam FCC Ligado Decision, But Next Steps Unclear
The Pentagon has for weeks now vocally articulated its case for the FCC to rescind a recent approval for Ligado to repurpose spectrum adjacent to that used for GPS, and […]
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Business/FinancialStrong Shipbuilding Performance, Pension Tailwind Boost Huntington Ingalls But Virus Impacts Coming
A pension benefit combined with strong operating results at its shipbuilding businesses drove a strong first quarter at Huntington Ingalls Industries [HII], although workforce impacts at the company’s shipyards led […]
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Navy/USMCNavy Nuke Propulsion Builder Sees Second Virginia-Class Support
The Navy’s nuclear-powered vessel propulsion builder, BWX Technologies [BWXT], said they see increasing support for a second Virginia-class attack submarine and do not expect a potential continuing resolution in the […]
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Business/FinancialRTC Doesn’t Offer 2020 Outlook Due To COVID Uncertainty But Says Defense Remains Strong
Raytheon Technologies Corp. [RTX] on Thursday said it isn’t providing financial guidance yet for 2020 because the impacts of the COVID-19 pandemic on the commercial aerospace market have created significant […]
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Business/FinancialAMERGINT Acquires Space Technology Company Tethers Unlimited
AMERGINT Technology on Wednesday said it has acquired Tethers Unlimited Inc. (TUI), a provider of satellite communications and in-space technology, allowing the company to offer integrated end-to-end solutions for satellite […]
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Business/FinancialXator Acquires Government Solutions Provider InCadence
Xator Corp. last week said it has acquired InCadence Strategic Solutions Corp., providing it with capabilities in biometrics and identity management, big data solutions, tactical communications, and operational intelligence. Terms […]
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Business/FinancialBridenstine: NASA Committed to Boeing-Built Space Launch System
NASA is not shifting away from the Space Launch System (SLS) that will transport the next generation of American astronauts to the Moon, Adminstrator Jim Bridenstine confirmed May 5, just […]
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Business/FinancialBWX Technologies Cites Strong First-Quarter Earnings
BWX Technologies [BWXT] brought in $542 million in first-quarter 2020 revenue, 30% more than the $416 million generated during the first three months of 2019. Net income for the period ended […]
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Business/FinancialL3Harris Posts Higher Sales, Income In First Quarter
L3Harris Technologies [LHX] on Tuesday reported higher pro forma earnings and sales in its first quarter, although the company reduced its financial outlook for 2020 to account for the global […]