Business/Financial

Fueled by its Defense Systems and Mission Systems segments, Northrop Grumman [NOC] on Tuesday reported strong third quarter results amid mixed results in its other businesses. Net income rose 7 […]

Commercial and defense business drove strong third quarter results at RTX [RTX], which raised its earnings outlook after lowering it in July due to tariff concerns. Tariff headwinds remain but […]

Anduril Industries on Monday said it has acquired American Infrared Solutions (AIRS), a developer and manufacturer of cooled infrared cameras in a deal that adds to its imaging product portfolio. […]

The Army’s new program to manufacture its own cheap drones that would be used to help train soldiers in drone warfare is aimed at having the capacity to build 10,000 […]

Leonardo DRS [DRS] this week showcased its integration prowess around mobile short-range air defense capabilities amid shifting Army requirements to best protect its maneuver forces against threats from small drones […]

The Army will host site visits at its depots and is planning pilot programs with industry, as the service seeks to leverage private sector expertise to modernize the organic industrial […]

General Dynamics [GD] and Lockheed Martin [LMT] last April broke ground on a new facility that will build thousands of tactical solid rocket motors (SRMs) beginning in 2028 to meet […]

The Army wants to use its depots to build parts for small, cheap, attritable unmanned aircraft systems to help fill a void in national production capacity, a service official said […]

Kratos Defense & Security Solutions, Inc. [KTOS] said that it has developed the 500 mile range, 80-pound payload “Ragnarök” Low-Cost Cruise Missile. The latter is to have a maximum altitude […]

Sigma Defense on Monday said it has acquired Aries Defense in a deal that strengthens its capabilities around software-defined all-domain command-and-control at the tactical edge. Terms of the deal were […]