Business/Financial

Ursa Major, one of the upstart developers of rocket motors and engines, surprised the industry on Thursday by appointing former Maxar Technologies CEO Dan Jablonsky as its new top executive, […]

Just like the first quarter, HII [HII] on Thursday posted strong second quarter results driven by gains at its Mission Technologies segment with help from shipbuilding operations. Mission Technologies again […]

Parsons Corp. [PSN] on Tuesday said it has agreed to acquire BlackSignal Technologies in a $200 million deal that will add to the company’s work with the Defense Department and […]

A series of additional charges on four programs in Boeing’s [BA] defense group combined with further losses in the commercial segment led to wider earnings losses in the second quarter […]

Driven by strong defense demand across its businesses, Leonardo DRS [DRS] on Tuesday reported higher sales and earnings in its second quarter. Net income increased 9 percent to $38 million, […]

Leidos [LDOS] on Tuesday reported strong second quarter financial results driven by its federal health services business combined with top-line growth across its business segments and improved operating margins. Net […]

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 […]