Business/Financial
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Business/FinancialLeidos To Reorganize Operating Structure, Upgrade Leadership
Leidos [LDOS] in 2024 will reorganize into five operating sectors to improve operations and unlock top and bottom-line growth opportunities and the company will also upgrade and add to its […]
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Business/FinancialShield AI Raises Another $200 Million In Funding To Scale V-BAT Teams, Integrate With Other UAS
Shield AI on Tuesday said it has raised another $200 million in venture capital for scaling and deploying the company’s new autonomous piloting software aboard the company’s V-BAT unmanned aircraft […]
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Business/FinancialMaxar Intelligence Names Dan Smoot as CEO
Maxar Intelligence has named Dan Smoot as CEO, after Maxar Technologies recently split into two businesses — Maxar Space Infrastructure and Maxar Intelligence. The satellite imagery-focused company announced the move on Monday, along with a […]
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Business/FinancialL3Harris Swings To Profit In Third Quarter; Aerojet Rocketdyne Deal Lifts Sales
L3Harris Technologies [LHX] last Thursday evening said it swung to a profit in its third quarter largely due to the lack of impairment charges that gouged earnings a year ago. […]
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Business/FinancialMarc Bell Attempts to Assuage Investor Concerns in Terran Orbital Town Hall
Terran Orbital [LLAP] held a town hall on Thursday to boost investor confidence in an attempt to raise the share price. Over an hour-long call, CEO and Chairman Marc Bell […]
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Business/FinancialNorthrop Grumman’s Earnings, Sales Up In Third Quarter On Strong Operating Performance
Northrop Grumman [NOC] on Thursday reported a slight increase in third quarter earnings on robust sales growth due to strong operating performance at its business segments coupled with the sale […]
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Business/FinancialBoeing’s Defense Unit Hit With $933 Million In Charges In Third Quarter
Boeing [BA] on Wednesday reported third quarter results that included $933 million in charges at the defense business, with work on the new Air Force One aircraft knocking $482 million […]
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Business/FinancialGD’s Earnings Fall On Operations Despite Solid Sales
General Dynamics [GD] on Wednesday reported a solid gain in sales in its third quarter due to strength across its defense segments but net income fell on lower operating earnings. […]
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Business/FinancialAnduril Hires Former Tesla Manufacturing Official To Help Scale Production
Anduril Industries on Wednesday said it has hired Keith Flynn as its first corporate manufacturing executive to help the company as it transitions to quickly scale production from tens and […]
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Business/FinancialCommercial Engine Charge Sends RTX To Loss In Third Quarter; Boosts Share Repurchase Program
RTX [RTX] on Tuesday said third quarter earnings swung to a loss due to an issue with a commercial aircraft engine component that it disclosed in July when it reported […]