Business/Financial

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]

Space technology company Firefly Aerospace on Monday said its estimated net loss in the first half of 2025 will be wider than the same period a year ago, although sales […]

Machinist union members at Boeing’s [BA] defense operations in the St. Louis region on Sunday “overwhelmingly” voted against the company’s contract offer, setting the stage for a potential strike that […]

A London-based company with operations focused solely in Nevada expects to begin tungsten mining operations in 2028–the first U.S. tungsten mines in years amid ongoing Chinese export restrictions of the […]