Business/Financial
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Business/FinancialUTC Closes Goodrich Acquisition
United Technologies Corp. [UTX] yesterday said it has completed is $18 billion acquisition of Goodrich Corp. after obtaining final regulatory approvals in the United States and Europe. The deal strengthens […]
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Business/Financial
L-3’s Income, Sales Down On Weakness In Government Spending
L-3 Communications [LLL] yesterday said its second quarter earnings and sales declined as each one of its segment reported lower operating income and only the C3ISR segment boosted sales. L-3 […]
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Business/Financial
DoD, Industry, Need To Continue To Build Resiliency To Threats, Official Says
More than a decade of conflict is winding down, but there are still risks to U.S. national security and since there’s only so much that can be done on prevention, […]
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Business/Financial
Key Senate Vote Launches Debate On Cybersecurity Bill
Supporters of a contentious and high-profile cybersecurity bill garnered enough support in the Senate yesterday to compel the chamber to start debating it. A full 84 senators voted for a […]
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ArmyBoeing Adds Companies For Canadian Forces CH-147F Support
The Boeing [BA] yesterday said it selected L-3 Communications MAS [LLL]of Mirabel and General Dynamics Canada [GD] of Ottawa for two In-Service Support Program contracts for Canadian Forces CH-147F Chinook helicopters. […]
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Business/Financial
GD’s Earnings Dip Again As Growth Remains Soft
Despite strong operating results in three of its four business segments, General Dynamics [GD] yesterday reported weaker second quarter net income while sales edged up less than a percent. Net […]
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Business/Financial
Boeing’s Sales and Earnings Continue Strong Momentum In Second Quarter
Boeing [BA] yesterday followed up its strong first quarter financial results with a solid performance in the second quarter with sales up on strength in both the commercial aircraft and […]
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Army
Harris Marks First Fielding of Type 1 Certified JTRS Soldier Radio Waveform
Harris Corp. [HRS] yesterday said it received National Security Agency Type-1 certification to implement the Soldier Radio Waveform (SRW) in the Harris Falcon III® AN/PRC-117G multiband manpack tactical radio. This […]
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Air ForceL-3 Communications Sweeps Nearly $2 Billion To Continue Logistics Work At Fort Rucker
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Business/Financial
Sales, Earnings Off At Northrop Grumman But Operating Results Solid
Northrop Grumman [NOC] yesterday reported lower sales and earnings in the second quarter due to constrained federal spending and higher pension expenses while the operating income at its business segments […]