Business/Financial

Leidos [LDOS] on Tuesday reported that net income surged in its first quarter driven by work in its health business and sales were up handsomely driven by growth across its […]

Boeing [BA] last Friday said it has acquired GKN Aerospace’s site in St. Louis that supports the company’s production of F/A-18 and F-15 fighter aircraft. Terms of the deal were […]

L3Harris Technologies [LHX] last Thursday posted a steep decline in net income due to ongoing efficiency efforts combined with one-time costs related to an acquisition last year, although sales were […]

Northrop Grumman [NOC] on Thursday reported strong first quarter results driven by gains across its operating segments, particularly Aeronautics Systems, which benefited from work on fighter and unmanned aircraft. Net […]

Boeing’s [BA] losses narrowed in the first quarter despite lower sales which were down on fewer commercial aircraft deliveries, but overall solid results in the company’s defense and services segments […]

General Dynamics [GD] on Wednesday reported strong first quarter results led by its Combat Systems segment followed by its shipbuilding and aerospace businesses, although the bottom-line narrowly missed consensus estimates. […]

Flight testing of F-35 fighters with new data upgrades is underway and aircraft with the technology refresh are expected to be delivered beginning in the third quarter, and overall this […]

RTX [RTX] opened 2024 with strong sales growth led by its commercial aerospace businesses and net income was higher on one-time gains that more than offset various charges. Net income […]

Sigma Defense on Monday said it has acquired EWA Inc., a small developer and provider of electronic warfare (EW) products and services, enhancing its ability to provide combined joint all […]

Arcline Investment Management last Friday completed its $1.8 billion acquisition of Kaman Corp., taking the aerospace and defense company private. Arcline paid Kaman stockholders $46 per share in cash. The […]