Business/Financial

Leidos [LDOS] on Tuesday reported a slight increase in earnings in its third quarter led by its Health and Civil segment while sales growth was solid. Net income edged up […]

Hanwha Defense USA said Michael Coulter has been appointed president and CEO of the company, taking over for Michael Smith who is now the company’s chief operating officer and president […]

Firehawk Aerospace on Monday said it has received a strategic investment from Hanwha Defense USA to further develop the Dallas-based startup’s rocket motor and related propellant technology. The size of […]

Jim Currier, the current president and CEO of Honeywell’s [HON] aerospace segment, will continue to lead Honeywell Aerospace once the business is spun-out as planned in the second half of […]

Boeing [BA] on Monday said it has closed its $10.6 billion cash sale of portions of its Digital Aviation Solutions business to the software investment firm Thoma Bravo as the […]

Aided by strong results across its portfolio and an ongoing transformation initiative, L3Harris Technologies [LHX] on Thursday reported strong third quarter results. Net income rose 16 percent to $462 million, […]

HII [HII] on Thursday posted strong third quarter results on ample top and bottom-line performance at its shipbuilding operations combined with a solid contribution from the Mission Technologies segment. Net […]

Rocket maker startup X-Bow Systems on Wednesday said it is the first company to deploy a new artificial intelligence platform offered by Lockheed Martin [LMT] to be the trusted digital […]

Supported by the breadth of its programs, in particular counter-unmanned aircraft (C-UAS) systems and related products, Leonardo DRS [DRS] on Wednesday strong third quarter financial results. Net income jumped 26 […]

Boeing [BA] on Wednesday reported narrower losses in its third quarter despite a hefty charge related to the 777X commercial aircraft, while the company’s defense segment continued to show signs […]