Business/Financial
-
Business/FinancialAnduril to Focus on Mid-Sized Tactical SRMs at Mississippi Plant
Anduril Industries plans to focus on mid-sized tactical solid rocket motors (SRMs) in an effort to build 6,000 SRMs annually by the end of next year at the company’s new […]
-
ArmyL3Harris Marks New Solid Rocket Motor Plant In Huntsville, Room To Expand
HUNTSVILLE, Ala. – L3Harris Technologies [LHX] opened its newest solid rocket motor (SRM) production facility here during a Monday ceremony, marking another milestone in its continuing plans to expand production […]
-
Business/FinancialLeidos Receives Sea Dart Contract from ‘Classified Customer,’ Reports Increase in 2nd Quarter Earnings
Leidos [LDOS] has received a contract from a “classified customer” for 12 Sea Dart unmanned underwater vessels “to augment their arsenals,” Leidos CEO Tom Bell said in the opening segment […]
-
Business/FinancialUnion Machinists Go On Strike At Boeing Defense Plants in Missouri and Illinois
The 3,200 union machinists at Boeing [BA] plants in Mascoutah, Ill., and St. Charles and St. Louis, Mo.–among whom will be those helping to build the U.S. Air Force’s F-47 […]
-
Business/FinancialNewport News Division Leads HII’s Earnings Down In Second Quarter
HII [HII] on Thursday reported a drop in second quarter net earnings despite higher sales largely due to lower performance on the Virginia-class submarine program and aircraft carrier construction at […]
-
Business/FinancialSoftware Company Reveal Technology Raises $30 Million
Reveal Technology, a software company focused on providing 3D mapping from drone video and multimodal biometrics on tactical mobile devices, on Tuesday said it closed a $30 million funding round […]
-
Air ForceMerlin to Integrate Its Mission Autonomy Software Onto Northrop Grumman M437
Boston-based Merlin said on Wednesday that it is to integrate its Merlin Pilot autonomy software for Northrop Grumman‘s [NOC] Beacon testbed project using the Scaled Composites Model 437 (M437) aircraft. […]
-
Business/FinancialLeonardo DRS Continues Strong Momentum In Second Quarter
Following up a stout first quarter, Leonardo DRS [DRS] on Wednesday posted strong second quarter top and bottom-line results driven by both of its operating segments and the company raised […]
-
Advanced / Transformational TechnologySaronic Develops Mission Platform For Its Family Of ASVs
Saronic Technologies on Wednesday unveiled a comprehensive mission platform designed for planning, simulation, and operations of multiple assets of the company’s family of autonomous surface vessels (ASVs) from a single […]
-
Business/FinancialBoeing’s Losses Narrow In Second Quarter, Sales Soar On Commercial Aircraft Deliveries
Boeing [BA] more than halved its losses in the second quarter on operational improvements across the company, in particular the defense segment which suffered no charges on fixed-price development programs […]