Business/Financial
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Business/FinancialEarnings Tumble At HII Amid Solid Sales In Second Quarter
HII [HII] on Thursday reported lower earnings in the second quarter on a steep drop in operating income at two of its business segments despite a solid increase in sales. […]
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Business/FinancialLegal, Tax Benefits Drive Leonardo DRS To Strong Earnings In Second Quarter
Leonardo DRS [DRS] on Wednesday reported strong earnings in its second quarter due to benefit from a legal reversal and a tax benefit from research and development credits while sales […]
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Business/FinancialNew Leidos CEO Outlines Areas For Improvement; Reports Strong Second Quarter Results
Leidos [LDOS] can better leverage prior acquisitions, some of which have not fulfilled their original business case, the company’s financial performance at times has been subpar and it needs more […]
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Business/FinancialManTech To Acquire Digital Technology Services Firm Definitive Logic
ManTech International Corp. on Tuesday said it has agreed to acquire Definitive Logic, which provides consultative and technology solutions around digital transformation to companies in the defense, homeland security, and […]
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Business/FinancialEpirus And Anduril Integrate Leonidas With Lattice Security Management Platform
Epirus last Thursday said it and Anduril Industries this month completed the integration of Epirus’ Leonidas high-powered microwave counter-drone system with Anduril’s Lattice command and control platform as part a […]
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Business/FinancialSales Higher, Earnings Fall On Pension Headwind At Northrop Grumman In Second Quarter
Northrop Grumman [NOC] on Thursday posted strong sales in its second quarter but like some of its peers, earnings tumbled. Net income fell 14 percent to $812 million, $5.34 earnings […]
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Business/FinancialNorthrop Grumman Powers On B-21; Won’t Bid On NGAD
The first B-21 Raider stealth bomber flight-test aircraft was successfully powered-on during the second quarter, a key milestone ahead of the initial flight that is expected during the second half […]
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Business/FinancialNo Consent Decree Required For FTC Approval Of Aerojet Deal, L3Harris’ Kubasik Says
The federal government did not require L3Harris Technologies [LHX] to negotiate a consent agreement to ensure it would be an unbiased supplier of tactical missile motors and rocket engines before […]
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Business/FinancialL3Harris Reports Strong Sales, Lower Earnings In Second Quarter
L3Harris Technologies [LHX] on Wednesday said its net income fell in the second quarter largely due to asset impairment charges despite strong sales growth. Net income tumbled 25 percent to […]
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Business/FinancialL3Harris To Close Aerojet Rocketdyne Deal Shortly After FTC Gives Nod
L3Harris Technologies [LHX] on Wednesday afternoon after the close of the stock markets said the Federal Trade Commission notified the company it would not oppose its $4.7 billion acquisition of […]
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