Business/Financial

Canada-based shipbuilder Davie on Monday said it will make a commitment to the U.S. shipbuilding industry following an agreement earlier in July among the U.S., Canada, and Finland to collaborate […]

Northrop Grumman [NOC] officials on Thursday reaffirmed that the next round of production contracts for the Air Force’s new stealth bomber will be set at higher prices than the current […]

A series of charges ranging from legal resolutions and a looming international contract termination to accounting adjustments and restructuring items drove earnings down at RTX [RTX] in the second quarter […]

Rocket motor and engine startup Ursa Major is investing to expand a small manufacturing, and research and development center in Eastern Ohio as it begins to ramp up production in […]

RTX‘s [RTX] Raytheon business and Italy-based Avio said at England’s Farnborough Air Show on July 23 that they have signed a contract to develop military solid rocket motors and bolster […]

The Defense Department’s new Office of Strategic Capital (OSC) on Wednesday issued two Requests for Information (RFI) to financial institutions and companies seeking feedback related to a loan program being […]

Buoyed by the start of deliveries of its newest business jet combined with robust defense demand, General Dynamics [GD] on Wednesday reported strong sales and earnings in its second quarter. […]

In development since 2017, Lockheed Martin‘s [LMT] Mako missile did not enter Phase 2 in the U.S. Air Force Stand-in Attack Weapon (SiAW) competition last year, but the company is […]

Lockheed Martin [LMT] on Tuesday reported strong sales growth in its second quarter driven by its mission systems, missiles, and aircraft businesses, although net income fell slightly on non-operating costs. […]

Boeing [BA] and Ukraine’s Antonov Company signed a Memorandum of Understanding at England’s Farnborough International Air Show to cooperate on defense projects, such as the Boeing ScanEagle drone, Boeing said […]