Business/Financial

By Calvin Biesecker L-3 Communications [LLL] yesterday reported lower net income in its third quarter due to a higher tax rate, but operating earnings before taxes were up due mainly […]

By Calvin Biesecker CACI International [CAI] on Wednesday posted record first quarter earnings and sales, driven by a broad range of its service offerings. Net income climbed 20 percent to […]

By Calvin Biesecker Buoyed by a favorable tax settlement, tax gains from discontinued operations and strong operating performance, Raytheon [RTN] yesterday posted a hefty increase in its third quarter earnings, […]

By Calvin Biesecker General Dynamics [GD] yesterday posted strong third quarter results led by its Aerospace segment that makes and services business jets. Overall, GD’s operating performance was strong as […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday reported strong operating results, allowing it to overcome higher tax payments and post a slight increase in net earnings in the third quarter. […]

Lockheed Martin [LMT] yesterday said its board of directors has approved a new share repurchase program of up to $3 billion. The new stock buy back proram will replace the […]

By Calvin Biesecker The Department of Homeland Security (DHS) has awarded Boeing [BA] contract options that extend the company’s current contract for a virtual fence it is constructing on two […]

L-1 Identity Solutions [ID] has received a $27.6 million to provide an automated face recognition system to the Department of State in support of passport and visa operations. It is […]

The Department of Homeland Security (DHS) Science and Technology (S&T) Directorate has awarded SRI International a $3.7 million contract for the Maritime Security Technology Pilot, which essentially entails SRI establishing […]

By Calvin Biesecker United Technologies [UTX] yesterday reported strong third quarter earnings on just a slight sales gain as ongoing restructuring initiatives to shed costs led to record operating segment […]