Business/Financial
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Business/FinancialL-3 Posts Slight Sales, Earnings Gains; Lowers Guidance
By Calvin Biesecker L-3 Communications [LLL] yesterday posted slight increases in its sales and earnings with growth driven by revenues from acquisitions and the higher earnings due to results at […]
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Business/FinancialPlanned Divestiture of Business Boosts Lockheed Martin’s Second Quarter Net
By Calvin Biesecker Lockheed Martin [LMT] yesterday reported a strong increase in its second quarter net income due to the planned divestiture of its Pacific Architects and Engineers (PAE) civil […]
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Business/FinancialRaytheon Locking Cyber Threats In And Preventing Data From Exiting
By Geoff Fein While many of the cyber defense systems available today look to block intrusions from getting into networks, Raytheon [RTN] is developing new technologies to keep hackers and […]
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ArmyBoeing-Raytheon Team Complete First of Three Planned JAGM Shots
By Geoff Fein Raytheon [RTN] and Boeing [BA] have wrapped up the first of three planned government-sponsored Joint Air-to-Ground Missile (JAGM) firings at White Sands Missile Range, N.M., according to […]
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Air ForceDrop In Solid Rocket Motor Production Could Impact D-5, Official Says
By Geoff Fein As the demand from both NASA and the Air Force for solid rocket motors declines, the cost to produce and maintain the Trident II D-5 submarine launched […]
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Business/FinancialDeYoung Looks To Sharpen ATK’s Focus On Organic, International Growth
By Calvin Biesecker Despite pressure on defense spending in the United States and abroad, ATK‘s [ATK] new chief believes his company has plenty of opportunities to improve its market position […]
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Business/FinancialSRA Acquires Energy Management Consulting Firm
SRA International [SRX] yesterday said it has acquired the energy consulting firm Sentech in a deal that supplements its current environmental information technology (IT) and consulting services business and expands […]
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Business/FinancialCanada Commits $8.5 Billion For 65 Lockheed Martin F-35s
Canada has committed approximately $8.5 billion for the acquisition of 65 Lockheed Martin [LMT] F-35 Lightning II Joint Strike Fighters (JSF) as the country looks to replace its fleet of […]
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Business/FinancialMonument Capital Group In Distribution, Equity Agreement With Vortex
Vortex Systems LLC, the principal supplier of unattended ground sensors (UGS) to the U.S. Border Patrol, has signed an international distribution and equity acquisition agreement with Monument Capital Group LLC […]
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Business/FinancialL-3 Authorizes $1 Billion Share Repurchase Program
L-3 Communications [LLL] yesterday announced a new stock repurchase program that gives the company authority to buy up to $1 billion of its common stock through the end of 2012. […]